FX Energy Starts Poland Gas Well

Natural gas producer FX Energy Inc. on Tuesday said it has started commercial production from its Wilga gas well southeast of Warsaw, Poland.

FX Energy operates and owns 82 percent of the Wilga well and the 250,000-acre property on which Wilga is located. The Polish Oil and Gas Co. owns the remaining 18 percent.

The gas is being sold under contract to the Warsaw area, the company said.

FX Energy also said its Zaniemysl well in western Poland is slated to begin commercial production in the next few weeks. The company owns a 24.5 percent stake in the well.

FX Energy shares fell 20 cents, or 3.8 percent, to close at $5.10 on the Nasdaq.

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