Dome Energy gives production update for May and June 2019
Dome Energy AB (publ) (herein after “Dome” and/or “the Company”) provides production update for May 2019 showing a daily production of 740 BOEPD and June 2019 production of 731 BOEPD.
Paul Morch, CEO: “Production averaged 762 BOPED in Q1 2019, based on sales data and internal accruals. The latest months production represents a 3% and 4.5% decline in production from the Q1 average. This is primarily due to lower non-operated production. We have received information of 4 ongoing workovers on our Mississippi gas and oil assets.
Dome expects to complete its drilled uncompleted well, located in the Illinois Basin, in August or September pending availability of services and commodity prices.”
Units are in BOE
Excludes assets that where divested
Certain accruals have been made based on delayed revenue from non-operated assets
Numbers are unaudited and not consolidated with Dome Energy AB
For further information, please contact:
Paul Morch, CEO
Phone: +1 713 385 4104
E-mail: pm@domeenergy.com
The information was publicized, by the above contact person July 15th, 2019, 13:00 CEST
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, CA@mangold.se 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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