Dome Energy gives drilling update from the Illinois Basin
Dome Energy AB. (herein after “Dome” and/or “the Company”) announces the completion of the Matz Farms 11-1, the third well in Dome’s four well Mississippi Lime program. Net pay development is similar to the offset wells and the Company is expecting a total of 60,000 barrels of recoverable oil.
The company is also pleased to announce the completion of the first multi-stage fracture stimulation on the Glaze 11-10 well, which was the first well drilled. Production is expected to commence in seven days with peak production expected after 30 days. The frack crew will move to the Walgrove 11-4, in three days, and commence completion operations on that well. The drilling rig will be moved to the Matz 11-2 which will be the final well in the 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 26, 2017, 15.30 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.