FX Energy has said that it will commence a new 2D seismic acquisition program during the fourth quarter 2010 for identifying drill sites in its 640,000 acre Warsaw South concession in Poland.
As per a recently signed contract with Geofizyka Torun, a total of 273km of seismic will be acquired.
The seismic will be processed and interpreted with plans to begin the tender for the first well in the Warsaw South concession during January 2011.
The first well is expected to begin drilling operations in March or April 2011.
FX Energy owns 100% interest and is the operator of the Warsaw South concession block.
The primary exploration targets in the concession are Carboniferous, Zechstein Ca-1 and Rotliegend.
FX Energy also said that the Lisewo well in the company’s Fences concession block is currently drilling at a depth of approximately 1,500m.
FX Energy owns 49% of the Lisewo well while the Polish Oil and Gas operates and owns 51% interest.