UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported):  July 29, 2014


FX ENERGY, INC.
(Exact name of registrant as specified in its charter)
         
Nevada
 
001-35012
 
87-0504461
(State or other jurisdiction of
 
(Commission File Number)
 
(IRS Employer
incorporation or organization)
     
Identification No.)
         
3006 Highland Drive, Suite 206
   
Salt Lake City, Utah
 
84106
(Address of principal executive offices)
 
(Zip code)
     
Registrant’s telephone number, including area code:
 
(801) 486-5555
     
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 

ITEM 8.01—OTHER EVENTS

On July 29, 2014, FX Energy, Inc., issued a press release, a copy of which is attached as Exhibit 99.01.


ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS

The following is filed as an exhibit to this report:

Exhibit
Number
 
 
Title of Document
 
 
Location
         
99
 
Miscellaneous
   
99.01
 
Press release dated July 29, 2014
 
Attached


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
FX ENERGY, INC.
 
 
Registrant
 
       
       
Dated: July 29, 2014
By:
/s/ Scott J. Duncan
 
   
Scott J. Duncan, Vice President
 

2



FOR IMMEDIATE RELEASE
SCOTT J. DUNCAN
 
FX Energy, Inc.
July 29, 2014
3006 Highland Drive, Suite 206
 
Salt Lake City, Utah 84106
 
(801) 486-5555 Fax (801) 486-5575
 
www.fxenergy.com

FX Energy Begins Drilling Karmin Well in Poland

Salt Lake City, July 29, 2014 – FX Energy, Inc. (NASDAQ: FXEN), today announced that drilling is underway at the Karmin-1 well in the Company’s Fences license in western Poland.  The well is a planned test of a Rotliegend sandstone target at an estimated depth of 2,460 meters.  The prospect is located on trend with the Zaniemysl-3 and Roszkow wells, two of the Company’s highest producing discoveries.

The Karmin-1 well is the first of three wells in the Fences area that are planned to begin drilling operations prior to the end of 2014.  All of these wells are 51% owned and operated by PGNiG.

In addition to the Fences wells, FX Energy also plans to begin drilling two wells in the Company’s 100% owned Edge license in western Poland.  The Edge license covers approximately 730,000 acres.

About FX Energy

FX Energy is an independent oil and gas exploration and production company with production in the U.S. and Poland.  The Company’s main exploration and production activity is focused on Poland’s Permian Basin where the gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore England.  The Company trades on the NASDAQ Global Select Market under the symbol FXEN.  Website www.fxenergy.com.

______________________________

FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements.  Forward-looking statements are not guarantees.  For example, exploration, drilling, development, construction, or other projects or operations may be subject to the successful completion of technical work; environmental, governmental or partner approvals; equipment availability; or other things that are or may be beyond the control of the Company.  Operations that are anticipated, planned, or scheduled may be changed, delayed, take longer than expected, fail to accomplish intended results, or not take place at all.
 
In carrying out exploration, it is necessary to identify and evaluate risks and potential rewards.  This identification and evaluation is informed by science but remains inherently uncertain.  Subsurface features that appear to be possible traps may not exist at all, may be smaller than interpreted, may not contain hydrocarbons, may not contain the quantity or quality estimated, or may have reservoir conditions that do not allow adequate recovery to render a discovery commercial or profitable.  Forward-looking statements about the size, potential, or likelihood of discovery respecting exploration targets are certainly not guarantees of discovery, the actual presence or recoverability of hydrocarbons, or the ability to produce in commercial or profitable quantities.  Estimates of potential typically do not take into account all the risks of drilling and completion nor do they take into account the fact that hydrocarbon volumes are never 100% recoverable.  Such estimates are part of the complex process of trying to measure and evaluate risk and reward in an uncertain industry.
 
Forward-looking statements are subject to risks and uncertainties outside FX Energy’s control.  Actual events or results may differ materially from the forward-looking statements.  For a discussion of additional contingencies and uncertainties to which information respecting future events is subject, see FX Energy’s SEC reports or visit FX Energy’s website at www.fxenergy.com.



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