FX Energy Reports Gas Flow at Tuchola-3K Well; Production Test to Start

   FX Energy Reports Gas Flow at Tuchola-3K Well; Production Test to Start

PR Newswire

SALT LAKE CITY, April 29, 2013

SALT LAKE CITY, April 29, 2013 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN)
today reported results of a drill stem test (DST) on the Tuchola-3K well in
north-central Poland. Gas flowed at a rate of approximately 5 million cubic
feet per day with traces of condensate from a dolomite section in the
Ca1/Upper Devonian. The Company now will run a 7" liner to a depth of
approximately 2,700 meters and conduct a full production test over the next
several days to determine whether to complete the well as a commercial
discovery.

"We have not yet determined if the well is commercial," noted David Pierce,
CEO, "but we are cautiously optimistic and therefore will run a liner to allow
more thorough testing. We are also reviewing a range of possible follow-on
actions, including other potential drilling locations, to appraise the scope
and potential of this Ca1/Upper Devonian zone both nearby and right across our
Edge concessions. We will have plans ready for a prompt response if the
production test is encouraging."

FX Energy is the operator and owns 100% of the working interest in the Tuchola
well and the four Edge concession blocks, which cover 880,000 acres or 3,567
square kilometers.

About FX Energy

FX Energy is an independent oil and gas exploration and production company
with production in the US and Poland. The Company's main exploration and
production activity is focused on Poland's Permian Basin where the gas-bearing
Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore
England. The Company trades on the NASDAQ Global Select Market under the
symbol FXEN. Website www.fxenergy.com.

FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements. Forward-looking statements
are not guarantees. For example, exploration, drilling, development,
construction or other projects or operations may be subject to the successful
completion of technical work; environmental, governmental or partner
approvals; equipment availability, or other things that are or may be beyond
the control of the Company. Operations that are anticipated, planned or
scheduled may be changed, delayed, take longer than expected, fail to
accomplish intended results, or not take place at all. Actual production over
time may be more or less than estimates of reserves, including proved and P50
or other reserve measures.

In carrying out exploration it is necessary to identify and evaluate risks and
potential rewards. This identification and evaluation is informed by science
but remains inherently uncertain. Subsurface features that appear to be
possible traps may not exist at all, may be smaller than interpreted, may not
contain hydrocarbons, may not contain the quantity or quality estimated, or
may have reservoir conditions that do not allow adequate recovery to render a
discovery commercial or profitable. Forward-looking statements about the size,
potential or likelihood of discovery with respect to exploration targets are
certainly not guarantees of discovery or of the actual presence or
recoverability of hydrocarbons, or of the ability to produce in commercial or
profitable quantities. Estimates of potential typically do not take into
account all the risks of drilling and completion nor do they take into account
the fact that hydrocarbon volumes are never 100% recoverable. Such estimates
are part of the complex process of trying to measure and evaluate risk and
reward in an uncertain industry.

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 SEC reports or visit FX Energy's website at www.fxenergy.com.

SOURCE FX Energy, Inc.

Website: http://www.fxenergy.com
Contact: SCOTT J. DUNCAN, FX Energy, Inc., (801) 486-5555, Fax (801) 486-5575
 
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