FX Energy, Inc., 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 (NASDAQ: FXEN) 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.