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Energy (Dance Version) - Orange FX - Energy

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David N. PierceFX Energy's President and Chief Executive Officer, commented, "Following a thorough process conducted with our financial advisor, the Board of Directors determined that this transaction provides She & Him - Baby, Its Cold Outside best opportunity to deliver value to our stockholders in view of the challenges we face with the current commodity-price environment, currency exchange-rate fluctuations and our current capital structure and limited access to the capital necessary to realize the value of our assets in Poland.

Under the terms of the merger agreement, ORLEN Upstream will commence a cash tender offer to purchase all of FX Energy's outstanding common stock, with a merger following the completion of the tender offer that would result in all shares of common stock not tendered in the tender offer being converted into the right to receive the cash consideration. The Company believes the two-step transaction will allow its common stockholders who tender their shares in the tender offer to receive the consideration more quickly than they would under a single-step merger transaction.

Common stockholders who do not tender their shares in the tender offer will be entitled to receive the cash consideration upon consummation of the second-step merger. FX Energy has granted to ORLEN Upstream a "top-up" option to acquire directly from FX Energy after completion of the tender offer the number of shares of common stock required to effect the "short-form" merger, subject to the availability of sufficient authorized and unissued shares of FX Energy common stock.

The tender offer is expected to Abre Al Boca - Nude - Black Box by October 27,and the transaction is expected to be completed in the fourth quarter of if effected as a "short-form" merger or in the first quarter of if a meeting of FX Energy's common stockholders is required to approve the merger.

The closing of the transaction is subject to customary closing Energy (Dance Version) - Orange FX - Energy , including at least a majority of the outstanding shares of FX Energy common stock being tendered in the tender offer and receipt of required antitrust approvals. The merger agreement provides that all outstanding shares of FX Energy's 9.

Evercore Group, L. For further information regarding all terms and conditions contained in the definitive merger agreement, please see FX Energy's Current Report on Form 8-K, which will be filed in connection with this transaction. FX Energy is an independent oil and gas exploration and production company with production in the US and Poland. The Company's main exploration and production activity is focused on Poland's Permian Basin where the gas-bearing Rotliegend sandstone is a direct analog to the Southern Gas Basin offshore England.

The tender offer for the outstanding shares of FX Energy's common stock described in this communication has not commenced. This press release is for information purposes only and is not an offer to purchase or a solicitation of an offer to sell FX Energy common stock. Those materials will be made available to FX Energy's common stockholders at no expense to them by the information agent for the tender offer, which will be announced.

In addition, all of those materials and Energy (Dance Version) - Orange FX - Energy other documents filed with the SEC will be available at no charge on the SEC's website at www. Statements in this press release regarding the proposed transaction, the expected timetable for completing the proposed transaction, benefits of the proposed transaction, future financial and operating results and any other statements about the future expectations, beliefs, goals, plans or prospects of FX Energy, Inc.

Any statements that are not statements of historical fact including statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions should also be considered to be forward-looking statements.

There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the ability to Energy (Dance Version) - Orange FX - Energy the proposed transaction; the ability to obtain requisite regulatory and stockholder approval and the satisfaction of the other conditions to the consummation of the proposed transaction; the potential impact of the announcement or consummation of the proposed transaction on relationships, including with employees, suppliers, customers and competitors; and the other factors and financial, operational and legal risks or uncertainties described in FX Energy Inc.

FX Energy disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document except as required by law. Contact Us. News in Focus Browse News Releases. Multimedia Gallery. Trending Topics. Business Technology. General Business. Consumer Technology. In-Language News.

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