FX Energy has drilled into the top of the Zechstein formation at the Kutno-2 well in Poland at 4,912 m (16,115 ft) and successfully set and cemented the intermediate casing.

The next operations in the well will be to run a cement bond log and continue drilling to penetrate the Zechstein, which is expected to be approximately 1,150 m (3,773 ft) thick. Once the base of the Zechstein is reached, a 7-in liner will be set and cemented through the section. Thereafter, drilling is planned to continue to core and test the Rotliegend target reservoir. The Kutno-2 well is being drilled together with the Polish Oil and Gas Company (PGNiG).

Kutno-2 targets a massive Rotliegend structure. Unknown reservoir and gas quality, along with depth, make this a very high risk well. PGNiG will earn a 50% interest in the Kutno concession in connection with its participation in the Kutno-2 well.

The Komorze-3 well has reached a depth of 3,950 m (12,959 ft) at the base of the Zechstein and a 7-in liner will be set and cemented. Drilling into the Rotliegend is expected later next week. Komorze-3 targets a satellite structure located less than 3 km (2 miles) from the company's 2011 Lisewo-1 Rotliegend gas discovery. PGNiG is the operator of the well and holds 51% interest; the company holds 49% interest.

Tenders for all services have been completed for the Frankowo well and contractors have been selected. Land for the drill site has been leased and location preparation will commence shortly. Drilling is expected to begin by mid-August. The Frankowo well is located in FX's 100% held Block 246 concession in west central Poland. Rotliegend gas at approximately 2,200 m (7,218 ft) is the prospective target for this well.

Tender documents for the Tuchola-3 well are nearing completion and the process should allow for spudding the well later in the third quarter. The Tuchola-3 well is in the company’s 100% held Edge concession in north central Poland. Permian gas at approximately 2,100 m (6,890 ft) and Devonian oil at approximately 3,150 m (10,335 ft) are the Tuchola-3 targets. Like the Frankowo well, the Tuchola-3 is also a wildcat well.

Location preparation is under way at the Mieczewo-1 well, where drilling is expected to begin in the third quarter. Rotliegend gas at approximately 3,385 m (11,105 ft) is the target. PGNiG is the operator of the well and holds 51% interest; the company holds 49% interest.

Workover and fracing operations at the Plawce-2 well are expected to begin in August. PGNiG is the operator of the well and holds 51% interest; the company holds 49% interest.