Brief: Dome Energy Provides Financial Update On US Operations In Q3

Hotel Fast SSE AB (publ)

05/12/2018 09:08

Dec 5 (Reuters) - Dome Energy AB (publ)  DOMEN.ST :
    * DOME ENERGY AB PROVIDES FINANCIAL UPDATE ON US OPERATIONS
Q3
2018 AND PRODUCTION UPDATE FOR OCTOBER 2018
    * Q3 US OPERATION SALES OIL & GAS: TUSD 2,591, WHICH IS DOWN
19%
FROM TUSD 3,184 IN Q2
    * DURING OCTOBER PRODUCTION OF OIL WAS 11,392 BOE AND
PRODUCTION
OF GAS/NGL WAS 12,610 BOE
    * Q3 US OPERATIONS EBITDA: TUSD 866, WHICH IS DOWN TUSD 643
FROM
Q2, WHICH IS RELATED TO LOWER SALES
    * DRILLING PROGRAM STARTED IN SEPTEMBER, AND WILL AFFECT
SALES FOR
Q4
    * DOME ENERGY - PLANS TO DRILL A LOT MORE WELLS IN 2019, AS
LONG
AS CO SEES STABILE OIL PRICES TO SECURE PROFITABLE WELLS

Source text for Eikon:  ID:nWkr636B6Q 
Further company coverage:  DOMEN.ST 

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