Dome Energy divests non-core asset for $450,000

Dome Energy AB. (https://www.domeenergy.com) (herein after “Dome” and/or “the Company”) announces that the Company has closed a sale of one of its non-core assets in Louisiana for a price of $450,000. The sale includes producing wells with an average of 17 BOEPD.

Paul Morch, CEO: “Oil asset transactions are starting to pick up in the US, and we will use this opportunity to sell one of our non-core assets. It will hardly have any impact on our production and reserve valuation.”

For further information, please contact:
Paul Morch
Phone: +1 713 385 4104
E-mail: [email protected] 

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 March 30, 2017, 14.15 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 (http://www.nasdaq.com/symbol/els/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.