Dome Energy AB provides production update for December 2017
Dome Energy AB. (herein after “Dome” and/or “the Company”) provides production update for December 2017, in which the Company produced 1,117 BOEPD before royalties.
Certain accruals have been made based on delayed revenue from non-operated assets.
Paul Morch, CEO: “We are pleased to announce our December production, which is continuing its increase from previous months. We produced 72 BOEPD more than for the month of November, with basically the same 50/50 production mix of gas and oil. Our overall production is not expected to continue to increase until the end of Q1, when we are scheduled to have drilled more wells. The cold weather in the US is affecting our production somewhat, but nothing out of the ordinary. Freezing temperatures is causing flow lines and production lines to freeze, and a larger portion of our gas production is used by the land owners. This is common practice, and it does not affect our longer-term production.”
For further information, please contact:
Phone: +1 713 385 4104
This information is the kind of information that Dome Energy AB (publ) is obliged to publicize according to EU Market Abuse Regulations (MAR). The information was publicized, by the above contact person January 8, 2018, 15:00 CET.
About Dome Energy
Dome Energy AB. is an independent Oil & Gas Company publicly traded on the Nasdaq First North exchange in Sweden (Ticker: DOME). Mangold Fondkommission AB, phone: +46 8 503 01 550, is the Company’s Certified Adviser. Headquartered in Houston, Texas, the Company’s focus is on the development and production of existing onshore Oil & Gas reserves in the United States. For more information visit www.domeenergy.com.