The Lisewo-1 discovery well IS a Rotliegend structural trap in the Fences concession in west central Poland.
The initial plateau production rate is forecast to be set at approximately 4.5 to 5.0 mmcf/d once production facilities and pipeline are completed.
The company said that fraccing could increase the initial plateau production rate two to four times, and is under consideration.
The company’s independent reservoir engineers have assigned the Lisewo-1 well proved reserves of 26 bcf and most likely (2P or P50) reserves of 36bcf, with present values, discounted at 10% annually, of $43m and $52m, respectively.
FX Energy holds a 49% non-operating interest while the Polish Oil and Gas Company (PGNiG) is the operator and owns 51%.
