PGNiG, FX Energy eye gas well pair

Rigging up: Explorers plan two Polish gas exploration probes

Polish national gas company PGNiG and US independent FX Energy are preparing to spud two conventional gas exploration wells next month in north-west Poland.

One of the Fences concession probes, Baraniec 1, lies in the same area as the Lisewo gas processing facility the two companies opened earlier this year, while another, Karmin 1, is in on the southern edge of the licence.

“The Baraniec-1 well is rigging up now and site preparation is underway on the Karmin-1 well and both are scheduled to start drilling in August,” Salt Lake City, Utah-based FX Energy said.

Nasdaq-listed FX Energy's vice president of international exploration Jerzy Maciolek said that the explorer would also look to drill the first of two exploration probes later this year based on new 3D seismic at its wholly-owned Edge licence.

“We are targeting new structures and hope to add more support to our theory that the Edge licence, like the Fences licence, is an area where we can drill high-value wells with a predictable success rate," Maciolek said.

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