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): July 28, 1998
Commission File Number: 0-25386
FX ENERGY, INC.
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(Exact Name of Registrant as Specified in its Charter)
NEVADA 87-0504461
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
3006 HIGHLAND DRIVE
SUITE 206
SALT LAKE CITY, UTAH 84106
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(Address of Principal Executive (Zip Code)
Offices)
Registrant's Telephone Number, including Area Code:
(801) 486-5555
N/A
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(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. announced on July 28, 1998, that it expects to have five wells
completed in Poland by year end. This announcement was made following partner
meetings last week in Warsaw where FX management met with senior management of
its partners in Poland, Apache Corporation and Polish Oil and Gas Company
(POGC), to discuss plans for operations through the end of 1998.
Locations for the first wells to be drilled in the Lublin project area have been
selected and the permitting process is underway. Drilling is expected to begin
on these two locations in about sixty days. Three other wells planned for
completion prior to the end of 1998 are in the Lachowice area of the Carpathians
in southern Poland.
FX Energy management noted that it has taken the Company longer than planned to
identify its first round drilling targets because FX Energy's acreage holdings
have increased so much in the past year, but this increased acreage has added
enormously to the Company's potential value. In addition to the five wells
planned for the remainder of this year, the comprehensive geological evaluation
FX Energy has been conducting should give the Company a substantial inventory of
additional prospects at year end, allowing it to maintain its drilling momentum
throughout 1999.
FX Energy holds hydrocarbon concessions and options on more than 16 million
acres in Poland, most of which is dedicated to joint operations with Apache and
POGC.
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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: July 28, 1998 FX ENERGY, INC.
By:/s/ Scott J. Duncan, Vice President
