SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT UNDER SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): March 2, 1999
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 Offices) (Zip Code)
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
FX Energy, Inc., announced on March 2, 1999, the signing of a development
agreement covering the 200,000 acre Lachowice concession in southern Poland
where the Polish Oil and Gas Company (POGC) has three shut-in gas wells. Terms
of the agreement call for FX, Apache Corporation and POGC to jointly develop the
concession with Apache as operator. The three companies will have equal
interests in the concession. FX and Apache will pay the cost to reenter, test
and recomplete the wells. Subject to testing commercial production rates, FX
and Apache will construct a gathering system and gas processing facility.
The signing of the Lachowice development agreement, the first by any western
company with POGC, establishes a legal framework for future oil and gas
development deals with POGC. Under the recently signed AMI with Apache, FX is
now aggressively pursuing a series of such opportunities with POGC. Management
of FX believes that the Lachowice development agreement is the first of what is
expect to be a series of lower risk production development projects that will
complement FX's long-term exploration program now underway in Poland.
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: March 3, 1999 FX ENERGY, INC.
By: /s/ Scott J. Duncan, Vice President
