Salt Lake City-based FX Energy Inc. (Nasdaq: FXEN) has reported a successful drill stem test (DST) of the company's Mieczewo-1K well. Located in company's Fences concession in central Poland, this exploratory well flowed gas with no water in this first DST.
Andy Pierce, vice president of operations, remarked, "We have more drilling, coring and testing to do before we can say for sure whether this is a producible gas deposit. But so far everything looks just like we expected."
At the time of the DST the Mieczewo-1K well had drilled ...