Dome Energy AB Announces Production Update for April 2018; Provides Drilling Update from Illinois Basin
The company provided the drilling update from Illinois Basin. The drilling program in the Illinois Basin is now complete, and the company expects 'peak' production during May and June. The company is continuing organic growth, as shown in the chart below, which has been adjusted for all assets sold, and previously made accruals. BOEPD has increased some 43% from June 2017 to April 2018. All of this increase has come from pure oil production, adding more than 10,000 barrels of oil per month. The company will continue drilling after the summer, and will update on specifics regarding the program.