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Drilling At Well In Poland Commences

Aug 14 2012

FX Energy, Inc. (NASDAQ: FXEN) today announced that drilling has commenced on the Frankowo-1 in western Poland. The well is located on the Company's 100% owned Block 246 concession and is planned to test a projected Rotliegend target at a projected depth of 2,100 meters.

Block 246 covers 240,000 acres and is located directly southwest of the Company's Fences concession. The immediate target has potential for up to approximately 50 Bcf of recoverable gas on full development (unrisked). Moreover, a successful test could be indicative of gas charged Rotliegend potential over a larger area in Block 246.

About FX Energy

FX Energy is an independent oil and gas exploration and production company with production in the US and Poland. The Company's main exploration and production activity is focused on Poland's Permian Basin where the gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore England. The Company trades on the NASDAQ Global Select Market under the symbol FXEN. Website www.fxenergy.com.

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