Brief: Dome Energy participates in 7 well drilling program in the DJ Basin

Hotel Fast SSE AB (publ)

25/06/2015 08:30

June 25 (Reuters) - Dome Energy publ AB  DOMEN.ST : 
    * Participates in 7 well drilling program in the DJ Basin 
    * Total cost to Pedevco and Dome for drilling and completion of 7 wells is 
estimated at about $6.3 million 
    * Wells will be assigned to Dome Energy, and it is forecasted that based on 
current oil prices Dome's net cash flow for first 12 months would be in region 
of $4.2 million 
    * Net initial production will be above 700 barrels of oil equivalent per day 
 
     
Source text for Eikon:  ID:nWkrfy6005  
     
Further company coverage:  DOMEN.ST  
 
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