The Frankowo well located in Block 246 concession will be drilled to target Rotliegend gas at approximately 2,200m at an estimated cost of $6m.
The Tuchola-3 well is in Edge concession will be drilled to target Permian gas at approximately 2,100m and Devonian oil at possibly 3,150m, which is expected to cost $10m.
Drilling on both wells will begin in the third quarter and testing will commence before year-end 2012.
The company said the drilling program will be accommodated in its $60 to $70m capex announced earlier and will be financed through its existing cash and liquidity resources.
FX Energy is already drilling the Kutno-2 and Komorze-3 wells also located in Poland while drilling will start in the second half of the year at the Mieczewo, Lisewo-2 and Lisewo-SE wells.
FX Energy head of operations Poland Zbigniew Tatys said, "A successful test at Kutno, Tuchola-3 or Frankowo when fully developed could add materially to our oil and gas reserves and production potential in Poland."
