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FX Energy Inc. (FXEN)

2.95 Up 0.02(0.68%) Sep 23, 4:00PM EDT
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FX Energy Inc.
3006 Highland Drive
Suite 206
Salt Lake City, UT 84106
United States - Map
Phone: 801-486-5555
Fax: 801-486-5575

Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:56

Business Summary 

FX Energy, Inc., an independent oil and gas exploration and production company, is engaged in the production, appraisal, and exploration of oil and gas properties in the United States and Poland. The company primarily focuses on the exploration of Rotliegend sandstones in the Permian Basin, Poland. As of December 31, 2013, its estimated proved oil and gas reserves were 42.0 billion cubic feet of natural gas and 0.5 million barrels of oil, or a combined total of 44.8 billion cubic feet of natural gas equivalent. The company holds oil and gas exploration rights in a range of project areas comprising approximately 2.7 million gross acres in Poland, as well as produces oil from approximately 10,732 gross acres in Montana and 400 gross acres in Nevada. It also provides contract oilfield services, including drilling, workovers, location work, cementing, and acidizing services. The company was founded in 1989 and is headquartered in Salt Lake City, Utah.

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Corporate Governance 
FX Energy Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 10. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 10; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Thomas B. Lovejoy , 78
Chairman, Exec. VP and Member of Rights Redemption Committee
Mr. David N. Pierce , 68
Chief Exec. Officer, Pres, Director, Member of Rights Redemption Committee and Member of Exec. Well Approval Committee
Mr. Clay Newton , 57
Principal Financial Officer, Chief Accounting Officer, VP of Fin. and Treasurer
Mr. Andrew W. Pierce , 66
VP of Operations
Mr. Richard F. Hardman CBE, 78
Chairman of Technical & Advisory Panel, Chief Technical Advisor, Independent Director, Member of Nomination & Governance Committee, Member of Compensation Committee, Member of Rights Redemption Committee and Member of Exec. Well Approval Committee
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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