Dome Energy6363 Woodway Suite 1025 , Houston, Texas, United States
Since Nov, 2019
Dome Energy AB., is an independent Oil & Gas Company publicly traded on the Nasdaq First North exchange in Sweden (Ticker: DOME). The Company’s strategy is to explore existing producing US onshore oil and gas fields to identify unexploited well locations. The Company has grown production to 1,000 boepd from a balanced and diversified portfolio of oil, gas and condensate produced in Arkansas, Indiana, Kentucky, Louisiana, acMichigan, Mississippi, Oklahoma, Texas and Wyoming. With substantial free cashflow secured by robust long-term hedges, the Company is continuing its aggressive growth strategy through both organic growth and targeted/strategic acquisitions thus maximizing its advantage in a low oil & gas price environment.
Strategy For Success
- The company’s strategy for delivering continued growth and shareholder value:
- Focused on oil & gas production onshore US
- Diversified portfolio of liquids and non-liquids from operated and non-operated assets
- Long-term hedges at considerably above the current market for both Oil & Gas
- Organic growth through the drill bit
- Further acquisitions for continued aggressive growth
- Creating shareholder value through increased production, acquisitions & dividends/divestments.
Management and Board of Directors
Led by Paul Mørch, Dome Energy’s Chief Executive Officer, the Company has assembled an experienced management team with extensive knowledge and experience in corporate finance, accounting, geology & geophysics and petroleum engineering. Dome’s strategy is to maintain an efficient and productive team without incurring burdening costs of large expensive and often cumbersome management structures often associated with natural resources companies.
Share Issue Authorization
The Annual General Meeting on June 20, 2018, resolved to authorize the Board of Directors, under existing Articles of Association, until the next AGM, on one or several occasions, with or without deviation from the shareholders’ preferential rights, to resolve on issue of shares and/or convertibles and/or warrants. These issues of shares can be issued against cash payment and/or with a clause or set-off, or otherwise subject to conditions.
- At the 2018 Annual General Meeting for the period until the conclusion of the Annual General Meeting to be held in 2019 the authorized accounting firm PricewaterhouseCoopers AB was elected as Dome Energy’s auditor.
- Auditor in charge: Bo Lagerström, an Authorized Public Accountant and a member of the professional association FAR.
Company Name | Dome Energy |
Business Category | Oil & Gas |
Address | 6363 Woodway Suite 1025 Houston Texas United States ZIP: 77057 |
President | Paul Mørch |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
- Consolidate Assets
- Optimize Wells And Fields
- Keep Low Cost Operations
- Cash Flow And Dividends
- Drilling Programs On All Fields
- Further Acquisitions