FX Energy to bore 5 locations this year

FX Energy, operating in the US and in Poland, has presented plans to conduct five bores this year. The first two bores will take place in August and the remainder will be done until the end of Q4 of this year. "We're convinced that this year's drilling will contribute to an increase in reserves," said vice-president Andy Pierce, according to an ISBnews release. Headquartered in Salt Lake City, Utah, FX Energy's shale gas extraction licenses in Poland include the municipalities of Tuchola, Lisewo, Winna Góra and Komorze.