Press release Stockholm 31August 2015 (NASDAQ OMX First North: DOME) SECOND QUARTER 2015 · Revenue from oil & gas production incl. realized derivatives of $5,033’ (920’). · Effect from unrealized derivatives of -$3,059’ (-) · Gross result from production of $4,128’ (607’) with a margin of 82% (66%) · EBITDA of -$2,144’ (-500’) · EBITDA for US operations adj. for unrealized derivatives amounted to $1,911’ (169). · Net result of -$3,614’ (-269’) · Earnings per share -$0.11 (-0.01) SIGNIFICANT EVENTS DURING THE QUARTER · Dome Energy Inc entered into a final Agreement and Plan of Reorganization with Pedevco. · Started the second stage of the Orange drilling program. · OPEX (excl. production taxes and workovers) per barrel of oil equivalent amounted to $9.54 ($11.4). SUBSEQUENT EVENTS · Participate in a 7 well drilling program in the DJ Basin through the expected merger with Pedevco. FINANCIAL KEY RATIOS US$ Thousand Q2 Q2 Q1-Q2 Q1-Q2 FY 2015 2014 2015 2014 2014 Revenues from oil and gas sales incl 5,033 920 8,800 1,529 8,120 realized derivatives Value change in unrealized derivatives -3,059 - -1,114 - 6,744 Gross profit from oil & gas operations 4,128 607 6,465 866 4,336 incl. realized derivatives Gross margin, % 82% 66% 73% 57% 53% EBITDA -2,144 -500 -500 -837 10,054 EBITDA for the US oil operation (adj. 1,911 169 3,710 249 2,030 for unrealized value change of derivatives) EBIT -5,383 -788 -788 -1,315 3,865 EBT -3,614 -269 -2,882 -835 4,476 Net result -3,614 -269 -2,882 -173 4,476 EPS (in US$) -0.11 -0.01 -0.1 -0.04 0.19 Production (boepd) 1,250 214 1,244* 155 633 For further information please contact: Susanna Helgesen, CFO Phone: +46 708 27 86 36 US phone: +1 281 558 8585 E-mail: sh@domeenergy.com About Dome Energy Dome Energy AB. is an independent Oil & Gas Company publicly traded on the Nasdaq OMX First North exchange in Sweden (Ticker: DOME (http://www.nasdaq.com/symbol/els/dome)). Mangold Fondkommission AB 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
Press release Stockholm 31 August 2015 (NASDAQ OMX First North: DOME) (NASDAQ OMX First North: DOME) SECOND QUARTER 2015
| Source: Dome Energy AB