FX Energy Starts Drilling Miloslaw-4K Well in Poland’s Fences License

US-based FX Energy announced that the Miloslaw-4K conventional well has started drilling, targeting Poland's Permian Basin. 

‘The well is located in the Fences license approximately 15 kilometers northwest of the producing wells at Lisewo-1 and 2’ reads a note released on Tuesday.  

PGNiG is the operator of the Fences license (51% stake), while FX Energy owns the remaining 49%. 

‘The Miloslaw-4K well will test one of the largest conventional prospects FX Energy has drilled with the Polish Oil and Gas Company (PGNiG). If successful, the well could also add a substantial increase to production on top of the increase already planned next year from the Karmin-1 well.’