FX Energy Inc. - 2011-03-10

Priced its underwritten public offering of 6 million shares of its common stock at $7 per share. Net proceeds are expected to be approximately $39.3 million ($45.3 million if the underwriter exercises its over-allotment option in full).

FX Energy intends to use the net proceeds to fund a portion of its 2011 and 2012 capital budget to accelerate planned exploration and development activities and construction of production facilities in the company's project areas in Poland and for general working capital purposes.

Macquarie Capital (USA) Inc. is the sole book-running manager.