Dana Gas received a $50m initial payment from the Egyptian government.

Dana Gas confirms freezing investments in Egypt over unpaid arrears of $265m.

Dana Gas will not inject new investments in Egypt because of delays in obtaining payments owed to it by the government.

China will cut special government subsidies for shale gas developers in the next five years even as the country encourages explorers to produce more clean energy such as natural gas to replace coal.

Gross production from Al Baraka field on the Kom Ombo block in upper Egypt is averaging an estimated 900 b/d of oil, said Sea Dragon Energy Inc., Calgary, cooperator of the concession with Dana Gas Egypt.

Dana Gas announced that its annual production rate for 2010 from its Nile Delta Concessions is an estimated 42,000 barrels of oil equivalent per day (boepd), an increase of 20% on 2009, with production commencing from seven new fields.