EX-99.01 2 ex9901form8k011007.htm PRESS RELEASE DATED JANUARY 10, 2007

FOR IMMEDIATE RELEASE

SCOTT J. DUNCAN

 

FX Energy, Inc.

January 10, 2007

3006 Highland Drive, Suite 206

 

Salt Lake City, Utah 84106

 

(801) 486-5555 Fax (801) 486-5575

 

www.fxenergy.com

 

 

FX Energy Updates Winna Gora Well Status

 

Salt Lake City, January 10, 2007 – FX Energy, Inc. (NASDAQ: FXEN) reported today that casing has been set to the base of the Zechstein in the Winna Gora well. The Rotliegend section will not be penetrated until later this week after which a test will be run to determine commerciality.

 

About FX Energy

 

FX Energy, Inc. holds a land position of 250,000 acres around its Wilga discovery and over 3.2 million acres in a known hydrocarbon region in western Poland’s Permian Basin. The Permian Basin’s gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore England, and represents a largely untapped source of potentially significant gas reserves. FX Energy is exploiting this untapped potential in the belief that it can create substantial growth in oil and gas reserves and cash flow for its stockholders. The Company trades on the NASDAQ Global Market under the symbol FXEN.

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For a discussion of the contingencies and uncertainties to which information respecting future events is subject, see FX Energy’s SEC reports or visit FX Energy’s website at www.fxenergy.com. This release contains forward-looking statements. Forward-looking statements are not guarantees of future drilling or other exploration or development results, the actual presence or recoverability of estimated reserves, the ability to establish reserves equal to the potential of exploration targets, production amounts or revenues, construction costs or schedules or similar matters. Forward-looking statements are subject to risks and uncertainties outside FX Energy’s control. Actual events or results may differ materially from the forward-looking statements. For a discussion of additional contingencies and uncertainties to which information respecting future events is subject, see FX Energy’s other SEC reports.