FX ENERGY INC
SC 13G/A, 1997-02-19
OIL & GAS FIELD EXPLORATION SERVICES
Previous: SOUND SOURCE INTERACTIVE INC /DE/, 4/A, 1997-02-19
Next: MMCA AUTO GRANTOR TRUST 1993-1, 8-K, 1997-02-19








                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                               (Amendment No.  1)

                                FX Energy, Inc.
                  (formerly Frontier Oil Exploration Company)
                                (Name of Issuer)

                         Common Stock, Par Value $0.001
                         (Title of Class of Securities)


                                  302695 10 1

                                 (CUSIP Number)




Check the following box if a fee is being paid with the statement [ ].  (A fee 
is not required only if the filing person:  (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).



                                  SCHEDULE 13G


CUSIP No.   302695 10 1                     Page 2 of 5 Pages


1  NAMES OF REPORTING PERSONS
   S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

   Andrew W. Pierce


2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    (A) 
                                                       (B) 
   


3  SEC USE ONLY




4  CITIZENSHIP OR PLACE OF ORGANIZATION

   U.S.A.


            5   SOLE VOTING POWER
                *975,000 (includes options to acquire 765,000
                shares of common stock)


NUMBER OF   6   SHARED VOTING POWER
  SHARES
BENEFICIAL      0
    LY
 OWNED BY

   EACH     7   SOLE DISPOSITIVE POWER
REPORTING       *975,000 (includes options to acquire 765,000
  PERSON        shares of common stock)
   WITH

            8   SHARED DISPOSITIVE POWER

                0
                                            


9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   *975,000 (includes options to acquire 765,000 shares of
   common stock)


10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
   SHARES  (See Instructions)

   Not applicable.


11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

   7.4%


12 TYPE OF REPORTING PERSON  (See Instructions)

   IN



*Includes 10,000 shares held by minor child.



Item 1(a)  Name of Issuer:

           FX Energy, Inc.

Item 1(b)  Address of Issuer's Principal Executive Offices:

           FX Energy, Inc.
           3006 Highland Drive, Suite 206
           Salt Lake City, Utah 84106

Item 2(a)  Name of Person Filing:

           Andrew W. Pierce

Item 2(b)  Address of Principal Business Office or, if none, Residence:


           3006 Highland Drive, Suite 206
           Salt Lake City, Utah 84106

Item 2(c)  Citizenship:

           U.S.A.

Item 2(d)  Title of Class of Securities:

           Common Stock, $0.001 par value

Item 2(e)  CUSIP Number:

           302695 10 1

Item 3.  If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:

(a)   Broker or Dealer registered under Section 15 of the Act


(b)   Bank as defined in section 3(a)(6) of the Act

(c)   Insurance Company as defined in section 3(a)(19) of the Act

(d)   Investment Company registered under section 8 of the Investment Company
      Act

(e)   Investment Adviser registered under section 203 of the Investment
      Advisers Act of 1940

(f)   Employee Benefit Plan, Pension Fund which is subject to the provisions
      of the Employee Retirement Income Security Act of 1974 or Endowment
      Fund; see  Section 240.13d-1(b)(1)(ii)(F)

(g)   Parent Holding Company, in accordance with  Section 240.13d-1(b)(ii)(G)
      (Note:  See Item 7)

(h)   Group, in accordance with  Section 240.13d-1(b)(1)(ii)(H)

          Not Applicable


Item 4.  Ownership:

   If the percent of the class owned, as of December 31 of the year covered by
the statement, or as of the last day of any month described in Rule 13d-1(b)(2),
if applicable, exceeds five percent, provide the following information as of
that date and identify those shares which there is a right to acquire.


(a)     Amount Beneficially Owned:  *975,000 (includes options to acquire 
        765,000 shares of common stock)

(b)     Percent of Class:  7.4%

(c)     Number of shares as to which such person has:

   (i)    sole power to vote or to direct the vote:  *975,000 (includes options 
          to acquire 765,000 shares of common stock)

   (ii)   shared power to vote or to direct the vote:  Not applicable

   (iii)  sole power to dispose or to direct the disposition 
          of: *975,000 (includes options to acquire 765,000 shares of
          common stock)

   (iv)   shared power to dispose or to direct the disposition of:  
          Not applicable

Instruction:  For computations regarding securities which represent a right to
acquire an underlying security see Rule 13d-3(d)(1).

Item 5.  Ownership of Five Percent or Less of a Class

   If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following:  "

Instruction:  Dissolution of a group requires a response to this item.

          Not Applicable

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

   If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified.  A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.

          Not Applicable

Item 7.  Identification and Classification of the Security Which Acquired the
Security Being Reported on by the Parent Holding Company

   If a parent holding company has filed this schedule, pursuant to Rule 13d-
1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary.  If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c), attach an
exhibit stating the identification of the relevant subsidiary.

   Not Applicable

*Includes 10,000 shares held by minor child.


Item 8.  Identification and Classification of Members of the Group

   If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
indicate under Item 3(h) and attach an exhibit stating the identity and Item 3
classification of each member of the group.  If a group has filed this schedule
                                       8
pursuant to Rule 13d-1(c), attach an exhibit stating the identity of each member
of the group.

          Not Applicable

Item 9.  Notice of Dissolution of Group

   Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity.  See Item 5.

          Not Applicable

Item 10.  Certification

   The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):

   By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.

          Not Applicable

Signature
         
   After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete, and
correct.


February 13, 1997                       /s/ Andrew W. Pierce
Date                                    Signature


                                        Andrew W. Pierce  Vice-
                                        President/Secretary
                                        Name/Title












© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission