Dome Energy gives drilling update from the Illinois Basin
Dome Energy AB. (herein after “Dome” and/or “the Company”) announces the completion of the Walgrove 11-4, the second well in Dome’s four well Mississippi Lime program. The company is pleased with the porosity development in the St. Louis and Warsaw formations and expects an estimated total recoverable oil of 60 MBO.
A five stage plug and perforate fracture stimulation with approximately 250,000 lbs. of sand will be completed in the next couple of days on Dome’s recently drilled Glaze 11-10 well. It is expected to take four to five weeks to flow the frac fluid back and bring the well on production. The rig is being mobilized to the final two wells, Matz 11-1 and then to the Matz 11-2, to finish the four well program.
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 September 19, 2017, 16.45 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.