FX Energy: Frankowo-1 test well looks good
Posted: Mon Nov 05, 2012 6:27 pm
FX Energy (now in our Small-Cap Portfolio) just sent out a press release that the Frankowo-1 tested at 2MMcf/day. The gas has some H2S so it was a very short test but very encouraging.
Best news is that the Winna Gora Produciton Facility should be on-line by the end of November.
FXEN is a lot more than just the Kutno well. Hang tough with this one. Gas prices are going up in Poland and FXEN production should be over 15,000 mcfpd by year-end Winna Gora is important to my model for 2013.
Best news is that the Winna Gora Produciton Facility should be on-line by the end of November.
FXEN is a lot more than just the Kutno well. Hang tough with this one. Gas prices are going up in Poland and FXEN production should be over 15,000 mcfpd by year-end Winna Gora is important to my model for 2013.