FX Energy set its 2010 capital budget at approximately $24 million. The company expects to fully fund this budget from operational cash flow and an expected increase in the company's credit facility. FX plans to focus 2010 spending on drilling new 3-D prospects and on building new production facilities for another large increase in production.
David Pierce, FX Energy's President and CEO, said, "We expect to see record revenues and production in 2010 from bringing......
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