FX Energy Drilling Montana Well to Evaluate Bakken Potential

FX Energy, Inc. (NASDAQ:FXEN) reports that the company is rigging up to commence the re-entry of an existing wellbore in northern Montana.

The press release is quoted as saying:

The purpose of the re-entry is to gather data from the wellbore to assist the Company in evaluating the hydrocarbon and CO2 potential in the Company’s northern Montana acreage. The well will be deepened from its current depth in the Cutbank formation of approximately 3,216 feet. Samples will be taken from the Lodgepole, Bakken, Nisku and Duperow formations at depths ranging from 4,400 to 5,500 feet. The well will be drilled by the Company’s wholly owned subsidiary, FX Drilling Company headquartered in Oilmont, Montana.

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