FIRST QUARTER 2015
· Total revenues of $4,098’ (620’)
· EBITDA of $2,126’ (-343’)
· Net result of $489’ (-576’)
· Earnings per share $0.01 (-0.03)
SIGNIFICANT EVENTS DURING THE QUARTER
· Divested non-core assets Gernt.
· Successful drilling of GLHF #37 with an initial daily production of 240 boe.
· Signed a Heads of Agreement with US-listed Pedevco for the sale of the US
Operations.
· Average daily gross production of 1,271 barrels of oil equivalent (121).
· OPEX (excl. production taxes and workovers) per barrel of oil equivalent
amounted to $12.97 ($30.00).
SUBSEQUENT EVENTS
· Dome Energy Inc entered into a final Agreement and Plan of Reorganization
with Pedevco.
· Started the second stage of the Orange drilling program.
FINANCIAL KEY RATIOS
US$ Thousand Q1 Q1 FY
2015 2014 2013
Total revenues 4,098 620 16,200
Revenues from oil and gas sales 2,509 620 7,790
Gross profit 2,224 316 3,180
Gross margin, % 61% 46% 53%
EBITDA 2,126 -343 10,054
EBT 489 -576 4,476
Net result 489 -576 4,476
EPS (in US$) 0.01 -0.03 0.19
Production (boepd) 1,271 121 632
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)). Remium Nordic 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 www.domeenergy.com.
FIRST QUARTER 2015
| Source: Dome Energy AB
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