FX Energy, Inc. (FXEN) Sets 2011 Oil and Gas Capital Budget
FX Energy, Inc. announced the company’s oil and gas exploration and development capital budget for 2011. The funds are part of a two year program to test its acreage in the United States and Europe. FX Energy, Inc. said that it would spend between $60 million and $70 million in 2011 to explore and develop properties in Montana and Poland. The company said that this level of spending was equal to the total of its capital spending for the last three years combined. In Poland, FX Energy, Inc. has properties in three separate concessions, including the Kutno, Warsaw South and…