By OGJ editors
HOUSTON, July 20 – FX Energy Inc., Salt Lake City, began trucking compressed gas from the Grabowka-12 well in Poland, which is producing 740-925 Mcfd.
The well is expected to generate $500,000/year in revenue for the company for several years. The company expects to rework two other wells, Grabowka-6 and 8. Under the three-well reentry program, gas will be sold at $1.62/Mcf or $2.70/MMBtu based on 60% methane content.
The field was discovered in 1983-85 on Block 287 but never produced. FX Energy acquired 100% interest in the 213,000-acre block in 2003.
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