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): September 11, 1997
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 (Zip Code)
Offices)
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)
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ITEM 5. OTHER EVENTS
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FX Energy, Inc. ("FX Energy" or the "Company") announced on September 11, 1997,
that three target areas, encompassing approximately a quarter million acres in
the aggregate, have been selected for exploration in the Carpathian region of
southern Poland. FX Energy and the Polish Oil and Gas Company (POGC) have been
reviewing data in this area under a Joint Study agreement signed between the
companies effective May 28, 1996, and have now agreed to proceed with a joint
exploration program on these three initial areas. Two of the targeted
locations, known as Wola and Godowa, lie within an area where exploration
concessions are currently held by POGC. FX Energy will contract for seismic
acquisition over each target area to begin as soon as a crew can be mobilized.
The third area, known as Jordanow, is in the western Carpathians. FX has
applied for oil and gas exploration rights on this acreage and will contract for
seismic acquisition as soon as the exploration rights have been granted. POGC
will have the right to join in the project. The Company currently plans to
drill a first exploratory well in at least two of these three target areas in
1998.
The Carpathian Joint Study Agreement between POGC and FX Energy has been
extended through June 30, 1998.
FX Energy produces oil from fields in Montana and Nevada and is actively
pursuing other oil and gas opportunities in Poland and the western United
States. Its stock is traded on the Nasdaq National Market System.
For a discussion of the contingencies and uncertainties to which information
respecting future events is subject, see FX Energy's 1996 annual report on Form
10-KSB and other SEC reports.
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SIGNATURES
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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: September 12, 1997 FX ENERGY, INC.
By:/s/ Scott J. Duncan, Vice President
