Dome Energy gives production update for May with a large increase of daily production to 1,201 BOEPD
Dome Energy AB (publ) (herein after “Dome” and/or “the Company”) provides production update for May 2018, with a large increase of daily production to 1,201 BOEPD before royalties.
Paul Morch, CEO: “We are proud to announce our production numbers for the month of May, which showed a large increase of our daily production and averaged 1,201 BOEPD. The drilling program in the Illinois Basin is now complete, and peak production was nearly 600 BOPD from our Illinois Basin properties. We aim to drill at least 10 more wells in the basin before the end of 2018.”
| 7-17 | 8-17 | 9-17 | 10-17 | 11-17 | 12-17 | 1-18 | 2-18 | 3-18 | 4-18 | 5-18 | |
| Monthly Oil Production |
7 569 | 7 131 | 8 765 | 10 363 | 14 157 | 16 242 | 12 002 | 12 617 | 17 098 | 17 256 | 22 785 |
| Monthly BOE, Gas/NGL |
15 577 | 14 063 | 13 134 | 15 127 | 13 886 | 13 898 | 13 099 | 13 205 | 13 932 | 14 229 | 13 494 |
| Monthly Total Production |
23 146 | 21 194 | 21 899 | 25 490 | 28 043 | 30 139 | 25 101 | 25 821 | 31 031 | 31 484 | 37 219 |
| Oil % | 33% | 34% | 40% | 41% | 50% | 54% | 48% | 49% | 55% | 55% | 63% |
| Gas % | 67% | 66% | 60% | 59% | 50% | 46% | 52% | 51% | 45% | 45% | 37% |
*Units are in BOE
*Excludes assets that where divested
For further information, please contact:
Paul Morch, CEO
Phone: +1 713 385 4104
E-mail: pm@domeenergy.com
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 June 5, 2018, 12:20 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.
Tags: