SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT UNDER TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): November 21, 1996
Commission File Number: 0-25386
FX ENERGY, INC.
(Exact Name of Registrant as Specified in its Charter)
NEVADA 87-0504461
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
3006 HIGHLAND DRIVE
SUITE 206
SALT LAKE CITY, UTAH 84106
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code:
(801) 486-5555
N/A
(Former name, former address, and formal fiscal year, if changed since
last report)
ITEM 5. OTHER EVENTS
FX Energy, Inc., and RWE-DEA Aktiengesellschaft fur Mineraloel und Chemie,
Hamburg, Germany, jointly announced on November 21, 1996, the commencement of
operations on the first well on their 2.4 million acre concession in northern
Poland.
FX Energy and RWE-DEA met last week in Hamburg to conduct a final joint
review of the structures identified with their recently acquired seismic data
and to evaluate these structures in the context of the known producing fields in
Kaliningrad, Lithuania, and Latvia. The parties selected the "Henrykowo" area,
a large seismic feature east of Gladysze as the first test area.
The Orneta #1 was selected as the first drillsite on Monday, November 11.
Site surveying was completed the same week and the surface permit has now been
filed. Site preparation and drill move-on are expected within about 14 days.
The Orneta #1 is planned to test a Middle Cambrian sandstone at a depth of
approximately 9,000 feet. The well is operated by FX Energy through a Polish
subsidiary. Parker Drilling Company will act as an adviser to FX Energy and its
Polish drilling contractor, Wolomin Drilling.
In addition to its 2.4 million acre concession in northern Poland, FX
Energy has a number of other exploration projects in Poland and in the western
United States and produces oil from fields in Nevada and Montana, including the
Cut Bank field in which it is conducting an enhanced recovery project.
RWE-DEA AG, a subsidiary of RWE-DEA headquartered in Hamburg, is a fully
integrated major German petroleum company with worldwide chemical activities and
many subsidiaries and affiliates in Germany and abroad. The RWE-DEA group, one
of the industry leaders in Germany with a turnover of DM 24.3 billion
(1994/1996), has diversified activities: exploration and production of oil and
gas worldwide, underground gas storage facilities, manufacturing and marketing
of petroleum products under the DEA brand, and chemicals business under the
common name and brand CONDEA.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: November 22, 1996 FX Energy, Inc.
