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| UNITED      STATES SECURITIES AND EXCHANGE COMMISSION                                          |
|------------------------------------------------------------------------------------------------|
| Washington,      D.C.  20549                                                         |
|                                                                                           |
| FORM      10-K/A                                                                               |
| (Amendment      No. 1)                                                                         |
|                                                                                           |
| ANNUAL      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|                                                                                           |
| For      the fiscal year ended December 31, 2009                                               |
|                                                                                           |
| Commission      File Number:  000-25386                                              |
|                                                                                           |
| FX      ENERGY, INC.                                                                           |
| (Exact      name of registrant as specified in its charter)                                    |
|                                                                                           |   |
| Nevada                                                                                         | 87-0504461 |
| (State      or other jurisdiction of incorporation or organization)                            | (I.R.S.      Employer Identification No.) |
|                                                                                           |   |
| 3006      Highland Drive, Suite 206, Salt Lake City, Utah                                      | 84106 |
| (Address      of principal executive offices)                                                  | (Zip      Code) |
|                                                                                           |
| Registrant’s      telephone number, including area code:                                 | Telephone      (801) 486-5555 |
|                                                                                           | Facsimile      (801) 486-5575 |
|                                                                                           |   |
| Securities      registered pursuant to Section 12(b) of the Act:                               |
| Title      of each class                                                                       | Name      of each exchange on which registered |
| Common      Stock, Par Value $0.001                                                            | NASDAQ      Global Market |
|                                                                                           |
| Securities      registered pursuant to Section 12(g) of the Act:                               |
| None                                                                                           |
| (Title      of Class)                                                                          |

| Large      accelerated filer o | Accelerated      filer x         |
|-------------------------------------|---------------------------------------|
| Non-accelerated      filer o   | Smaller      reporting company o |

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|-------------------------------------------------------|
| ITEM      15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES |
|                                                  |

|                                                                              | Page   |
|-----------------------------------------------------------------------------------|--------|
| Management’s      Report on Internal Control over Financial Reporting       | F-1    |
| Report      of Independent Registered Public Accounting Firm                      | F-2    |
| Consolidated      Balance Sheets as of December 31, 2009 and 2008                 | F-4    |
| Consolidated      Statements of Operations for the Years Ended                    |   |
| December      31, 2009, 2008 and 2007                                             | F-6    |
| Consolidated      Statements of Comprehensive Loss for the Years Ended            |   |
| December      31, 2009, 2008 and 2007                                             | F-7    |
| Consolidated      Statements of Cash Flows for the Years Ended                    |   |
| December      31, 2009, 2008 and 2007                                             | F-8    |
| Consolidated      Statement of Stockholders’ Equity (Deficit) for the Years |   |
| Ended      December 31, 2009, 2008 and 2007                                       | F-9    |
| Notes      to the Consolidated Financial Statements                               | F-10   |

|   | 2. | Supplemental      Schedules.  The supplemental schedules have been omitted      because they are not applicable or the required information is otherwise      included in the accompanying consolidated financial statements and the      notes thereto. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | 3.   | Exhibits.  The      following exhibits are included as part of this  report: |
|--------|----------------|----------------------------------------------------------------------------------------|

| ExhibitNumber* |   | Title      of Document                                                                       |   | Location                                                                                                                                           |
|----------------|--------|----------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|
|           |   |                                                                                         |   |                                                                                                                                               |
| Item      3    |   | Articles      of Incorporation and Bylaws                                                    |   |                                                                                                                                               |
| 3.01           |   | Restated      and Amended Articles of Incorporation                                          |   | Incorporated      by reference from the quarterly report on Form 10-Q for the quarter ended      September 30, 2000, filed November 7, 2000.  |
| 3.02           |   | Bylaws,      as amended January 2, 2008                                                      |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2007, filed March 10, 2008.         |
| 3.03           |   | Articles      of Amendment to the Restated Articles of Incorporation of FX Energy,      Inc. |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2005, filed March 14, 2006.         |

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| ExhibitNumber* |   | Title      of Document                                                                                                                                                                                                                                                                   |   | Location                                                                                                                                    |
|----------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
| 3.04           |   | Amendment      to Articles of Incorporation Revising and Restating Designation of Rights,      Privileges, and Preferences of Series A Preferred Stock                                                                                                                                   |   | Incorporated      by reference from the quarterly report on Form 10-Q for the period ended      June 30, 2007, filed August 8, 2007.   |
| Item      4    |   | Instruments      Defining the Rights of Security Holders                                                                                                                                                                                                                                 |   |                                                                                                                                        |
| 4.01           |   | Specimen      Stock Certificate                                                                                                                                                                                                                                                          |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.       |
|           |   |                                                                                                                                                                                                                                                                                     |   |                                                                                                                                        |
| 4.04           |   | Rights      Agreement dated as of April 4, 2007, between FX Energy, Inc. and Fidelity      Transfer Corp.                                                                                                                                                                                |   | Incorporated      by reference from the quarterly report on Form 10-Q for the period ended      June 30, 2007, filed August 8, 2007.   |
|           |   |                                                                                                                                                                                                                                                                                     |   |                                                                                                                                        |
| Item      10   |   | Material      Contracts                                                                                                                                                                                                                                                                  |   |                                                                                                                                        |
| 10.26          |   | Frontier      Oil Exploration Company 1995 Stock Option and Award Plan**                                                                                                                                                                                                                 |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.27          |   | FX Energy,      Inc. 1996 Stock Option and Award Plan**                                                                                                                                                                                                                             |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.28          |   | FX Energy,      Inc. 1997 Stock Option and Award Plan**                                                                                                                                                                                                                             |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.29          |   | FX Energy,      Inc. 1998 Stock Option and Award Plan**                                                                                                                                                                                                                             |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.53          |   | Agreement      on Cooperation in Exploration of Hydrocarbons on Foresudetic Monocline      dated April 11, 2000, between Polskie Gornictwo Naftowe I Gazownictwo      S.A. (POGC) and FX Energy Poland, Sp. z o.o. relating to      Fences I project area  |   | Incorporated      by reference from the current report on Form 8-K filed May 2,      2000.                                                  |
| 10.59          |   | Sales      / Purchase Agreement Special Provisions between Plains Marketing Canada,      L.P. and FX Drilling Company Inc. agreed April 29, 2002                                                                                                                                         |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2002, filed March 27, 2003.  |
| 10.60          |   | Form      of Non-Qualified Stock Option awarded August 14, 2002, with related      schedule**                                                                                                                                                                                            |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2002, filed March 27, 2003.  |
| 10.62          |   | Agreement      Regarding Cooperation within the Poznan Area (Fences II) entered into      January 8, 2003, by and between Polskie Gornictwo Naftowe i Gazownictwo      S.A. and FX Energy Poland Sp. z o.o.                                                     |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2002, filed March 27,2003.        |

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| ExhibitNumber* |   | Title      of Document                                                                                                                                                                                                                                              |   | Location                                                                                                                                    |
|----------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
| 10.63          |   | Settlement      Agreement Regarding the Fences I Area entered into January 8, 2003,      by and between Polskie Gornictwo Naftowe i Gazownictwo S.A. and      FX Energy Poland Sp. z o.o.                                                  |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2002, filed March 27, 2003.       |
| 10.64          |   | Farmout      Agreement Entered into by and between FX Energy Poland      Sp. z o.o. and CalEnergy Power (Polska) Sp. z o.o.      Covering the “Fences Area” in the Foresudetic Monocline made as of January      9, 2003  |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2002, filed March 27, 2003.       |
| 10.67          |   | FX Energy,      Inc. 1999 Stock Option and Award Plan**                                                                                                                                                                                                        |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.68          |   | FX Energy,      Inc. 2000 Stock Option and Award Plan**                                                                                                                                                                                                        |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.69          |   | FX Energy,      Inc. 2001 Stock Option and Award Plan**                                                                                                                                                                                                        |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.70          |   | FX Energy,      Inc. 2003 Long-Term Incentive Plan                                                                                                                                                                                                             |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2003, filed March 15, 2004.  |
| 10.74          |   | Greater      Zaniemysl Area Agreement made as of March 12, 2004, among FX Energy Poland      Sp. z o.o. and CalEnergy Resources Poland      Sp. z o.o.                                                                                     |   | Incorporated      by reference from the quarterly report on Form 10-Q for the period ended      March 31, 2004, filed May 11, 2004.    |
| 10.75          |   | Form      of Indemnification Agreement between FX Energy, Inc. and directors      and officers with related schedule**                                                                                                                                    |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2008, filed March 16, 2009.       |
| 10.77          |   | Description      of compensation arrangement with executive officers and      directors**                                                                                                                                                                      |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.  |
| 10.78          |   | Form      of Employment Agreement with related schedule**                                                                                                                                                                                                           |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |
| 10.79          |   | Change      in Control Compensation Agreement with related schedule**                                                                                                                                                                                               |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |
| 10.81          |   | FX Energy,      Inc. 2004 Long-Term Incentive Plan**                                                                                                                                                                                                           |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2004, filed March 15, 2005.  |
| 10.82          |   | Letter      of Engagement, H. Allen Turner, dated February 14, 2007                                                                                                                                                                                                 |   | Incorporated      by reference from the current report on Form 8-K filed February 20,      2007.                                       |

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| ExhibitNumber* |   | Title      of Document                                                                                                                                                                                                                            |   | Location                                                                                                                                    |   |
|----------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|--------|
| 10.83          |   | US$25,000,000      Senior Facility Agreement among FX Poland Sp. z o.o., FX Energy,      Inc., FX Energy Netherlands Partnership CV., FX Energy Netherlands BV.,      and The Royal Bank of Scotland PLC, dated November 17, 2006  |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.       |   |
| 10.84          |   | Common      Stock Purchase Warrant dated November 17, 2006                                                                                                                                                                                   |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |   |
| 10.85          |   | Agreement      for Pledges over Shares in FX Energy Poland Sp. z o.o., dated      December 18, 2006                                                                                                                                     |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |   |
| 10.86          |   | Subordination      Deed dated December 21, 2006                                                                                                                                                                                                   |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |   |
| 10.87          |   | Restated      FX Energy, Inc. 401(k) Stock Bonus Plan dated January 25,      2007**                                                                                                                                                          |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |   |
| 10.88          |   | Agreement      for the Sale of Natural Gas between FX Energy Poland      Sp. z o.o. and Mazowiecka Spółka Gazownictwa      Sp. z o.o., dated      December 29, 2005                                  |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.       |   |
| 10.89          |   | Agreement      No. PL/012216736/05-0030/DH/HB for the Sale of Natural Gas between FX      Energy Poland Sp. z o.o. and Polskie Górnictwo Naftowe I      Gazownictwo S.A., dated December 8, 2005                              |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.       |   |
| 10.90          |   | Agreement      for the Sale of Wellhead Natural Gas between FX Energy Poland      Sp. z o.o. and PL Energia S.A., dated January 26,      2007                                                                                           |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2006, filed March 13, 2007.  |   |
| 10.91          |   | Form      of Stock Purchase Agreement                                                                                                                                                                                                             |   | Incorporated      by reference from the current report on Form 8-K filed July 5,      2007.                                            |   |
| 10.92          |   | Exhibit      10.92, Amendment and Reconfirmation of Supplemental Indemnification      Agreement between FX Energy, Inc. and Dennis B. Goldstein                                                                                              |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2008, filed March 16, 2009.       |
| 10.93          |   | Agreement      No. for the Sale of Natural Gas between FX Energy Poland Sp. z o.o. and      Polskie Górnictwo Naftowe I Gazownictwo S.A., dated June 19,      2009                                                                      |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.  |   |
| 10.94          |   | Executive      Incentive Royalty Plan and related schedule**                                                                                                                                                                                 |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.  |   |

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| ExhibitNumber* |   | Title      of Document                                                                                                                                                 |   | Location                                                                                                                                    |
|----------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
| Item      21   |   | Subsidiaries      of the Registrant                                                                                                                                    |   |                                                                                                                                        |
| 21.01          |   | Schedule      of Subsidiaries                                                                                                                                          |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2007, filed March 10, 2008.       |
|           |   |                                                                                                                                                                   |   |                                                                                                                                        |
| Item      23   |   | Consents      of Experts and Counsel                                                                                                                                   |   |                                                                                                                                        |
| 23.01          |   | Consent      of PricewaterhouseCoopers LLP, independent registered public accounting      firm                                                                         |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.       |
|           |   |                                                                                                                                                                   |   |                                                                                                                                        |
| 23.02          |   | Consent      of Hohn Engineering PLLC, Petroleum Engineers                                                                                                        |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.  |
| 23.03          |   | Consent      of RPS Energy, Petroleum Engineers                                                                                                                        |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.  |
|           |   |                                                                                                                                                                   |   |                                                                                                                                        |
| Item      31   |   | Rule      13a-14(a)/15d-14(a) Certifications                                                                                                                           |   |                                                                                                                                        |
| 31.01          |   | Certification      of Principal Executive Officer Pursuant to Rule 13a-14                                                                                         |   | This      filing.                                                                                                                           |
| 31.02          |   | Certification      of Principal Financial Officer Pursuant to Rule 13a-14                                                                                         |   | This      filing.                                                                                                                           |
|           |   |                                                                                                                                                                   |   |                                                                                                                                        |
| Item      32   |   | Section      1350 Certifications                                                                                                                                       |   |                                                                                                                                        |
| 32.01          |   | Certification      of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted      Pursuant to Section 906 of the Sarbanes-Oxley Act of      2002  |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.       |
| 32.02          |   | Certification      of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted      Pursuant to Section 906 of the Sarbanes-Oxley Act of      2002       |   | Incorporated      by reference from the annual report on Form 10-K for the period ended      December 31, 2009, filed March 16, 2010.       |
|           |   |                                                                                                                                                                   |   |                                                                                                                                        |
| Item      99   |   | Additional      Exhibits                                                                                                                                               |   |                                                                                                                                        |
| 99.01          |   | Report      of Hohn Engineering PLLC, Petroleum Engineers                                                                                                         |   | This      filing.                                                                                                                           |
| 99.02          |   | Report      of RPS Energy, Petroleum Engineers                                                                                                                    |   | This      filing.                                                                                                                           |

| * | All      exhibits are numbered with the number preceding the decimal indicating the      applicable SEC reference number in Item 601, and the number following the      decimal indicating the sequence of the particular      document.  Omitted numbers in the sequence refer to documents      previously filed as an exhibit, but no longer  required. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ** | Identifies      each management contract or compensatory plan or arrangement required to      be filed as an exhibit, as required by Item 15(a)(3) of Form      10-K. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|       |
|------------|
| SIGNATURES |
|       |

|   |                | FX      ENERGY, INC. (Registrant) |
|--------|---------------------|-----------------------------------|
|   |                |                              |   |
|   |                |                              |   |
|   |                |                              |   |
| Dated: | March      18, 2010 | By:                               | /s/      Clay Newton |
|   |                |                              | Clay      Newton |
|   |                |                              | Vice      President |

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