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): January 26, 1998
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 (Zip Code)
Executive 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 January 26, 1998,
that it has signed an agreement with Homestake Mining Company under which
Homestake has the right to earn at least a 75% interest in the Company's Sudety
gold concession in western Poland. The agreement provides for the expenditure
by Homestake of at least $1.1 million over a two-year period. The companies
signed a letter of intent on July 9, 1997, and Homestake began reconnaissance
and sampling on the concession area in the fall of 1997.
In addition to approximately 700 square kilometers covered under the agreement,
both FX Energy and Homestake have agreed to an Area of Mutual Interest (AMI)
whereby any properties acquired within the AMI will be held and explored
jointly.
In addition to the Sudety gold concession, FX Energy has a partnership agreement
with Apache Corporation on its 5.5 million acre oil and gas concession in
southeastern Poland and is conducting an exploration study in the Carpathian
Region of southern Poland in partnership with the Polish Oil and Gas Company.
FX Energy also has three oil and gas concessions located in the Baltic,
Carpathian, and Northwestern regions of Poland totaling approximately 6 million
acres.
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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: January 27, 1998 FX ENERGY, INC.
By: /s/Scott J. Duncan, Vice President
