FX Energy (FXEN)

[dan_s]

Former Sweet 16 member FX Energy is almost a pure play on Poland natural gas. Europe is having a very cold winter, so the price of gas is soaring.

** Europe hit by Russia gas shortage **
Freezing weather sweeping across Europe is causing a shortage of vital Russian gas supplies to several countries, officials say.
< http://www.bbc.co.uk/news/world-europe-16883560 >

FXEN is now drilling a test well, Putno, that (if successful) should cause the stock price to soar. We are now tracking the company on our Watch List.

[dan_s]

The price of Brent crude oil is soaring again (now over $117/bbl), as Europe is being forced to burn oil for power generation. Russian natural gas supply has been cut back as a major cold wave grips the country. Europe is heavily dependent on natural gas imports from Russia. Poland could be in serious trouble if this continues.

Read this: http://www.businessweek.com/news/2012-0 ... upply.html

This is very good news for FX Energy (FXEN)