Dome Energy gives production update for June 2018 showing a of daily production to 1,075 BOEPD
Dome Energy AB (publ) (herein after “Dome” and/or “the Company”) provides production update for June 2018, showing a daily production to 1,075 BOEPD before royalties.
Paul Morch, CEO: “We are happy to announce our production numbers for the month of June, which showed a daily production average of 1,075 BOEPD. As mentioned in the previous production press release, peak production in the Illinois Basin was 600 BOPD. Production has started to decline slightly from the new wells and we expect a drop in the production in July as we convert some of our submersible pumped wells to rod pumps. We anticipate production to stabilize in early August when these workovers are completed. We expect to start the next drilling program during the fall.”
| 8-17 | 9-17 | 10-17 | 11-17 | 12-17 | 1-18 | 2-18 | 3-18 | 4-18 | 5-18 | 6-18 | |
| Monthly Oil Production | 7 131 | 8 765 | 10 363 | 14 157 | 16 242 | 12 002 | 12 617 | 17 098 | 17 256 | 22 785 | 19 343 |
| Monthly BOE, Gas/NGL | 14 063 | 13 134 | 15 127 | 13 886 | 13 898 | 13 099 | 13 205 | 13 932 | 14 229 | 13 494 | 11 943 |
| Monthly Total Production | 21 194 | 21 899 | 25 490 | 28 043 | 30 139 | 25 101 | 25 821 | 31 031 | 31 484 | 37 219 | 32 264 |
| Oil % | 34% | 40% | 41% | 50% | 54% | 48% | 49% | 55% | 55% | 63% | 62% |
| Gas % | 66% | 60% | 59% | 50% | 46% | 52% | 51% | 45% | 45% | 37% | 38% |
*Units are in BOE
*Excludes assets that where divested
*Certain accruals have been made based on delayed revenue from non-operated assets
For further information, please contact:
Paul Morch, CEO
Phone: +1 713 385 4104
E-mail: pm@domeenergy.com
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.
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