FX Energy Expects Well Results in Jan.

Oil and gas producer FX Energy Inc. said Tuesday it expects to have results from its Winna Gora test well in Poland in January.

Polish Oil and Gas Co. is the operator and owns 51 percent of the well, while FX Energy owns 49 percent.

FX Energy also said that the location for its Roszkow well in Poland is under construction and drilling is expected to begin in January.

Polish Oil also operates that well and owns a 51 percent interest, while FX Energy owns a 49 percent stake.

Shares of FX Energy fell 14 cents, or 2.2 percent, to close at $6.29 on the Nasdaq.

Source:news.moneycentral.msn.com