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Gold/Mining/Energy : FX Energy(FXEN)

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To: Arktic who wrote (101)	11/8/2003 4:10:29 PM
From: Fiscally Conservative	of 107

The fact that FXEN was able to outsource the drilling operations on Zaniemysl-3 well in the Company's Fences I project area in western Poland to CalEnergy Gas tells me there will be success! The Fences I project area covers approximately 265,000 acres in western Poland's Permian Basin. FX Energy holds a 49% interest subject to the right of CalEnergy Gas to earn half of that 49%. POGC holds 51%. Drilling on the Zaniemys 1 started sometime near the end of the first week in October. The well is planned to test a Rotliegende target at a depth of approximately 2,940 meters. I would not be surprised to see a time news release sometime this week. Lets wait and see.

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