Dome Energy gives production update for September 2019 through December 2019
Dome Energy AB (publ) (herein after “Dome” and/or “the Company”) provides production update for September 2019 through December 2019. Production results were 626, 642, 630 and 664 BOEPD respectively.
Paul Morch, CEO: “We are proud to announce our production numbers for the months of September through December 2019. Production has remained relatively flat in this period of low investment and we continue to be pleased with the long term performance of our wells in the Illinois Basin.”
Operations in the Illinois Basin continue to focus on maintaining the existing production through occasional workover activities. Dome continues to evaluate potential acreage additions and play extensions surrounding our prime drilling areas near Griffin, IN.
Dome expects to complete its DUC, located in the Illinois Basin in the next two months. In addition to this work, Dome also has a workover program planned to reactivate recently idled wells to improve production.
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
The information was publicized, by the above contact person January 16, 2020, 10:00 CEST
About Dome Energy
Dome Energy AB. is an independent Oil & Gas Company publicly traded on Nasdaq First North Growth Market 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.