Dana Gas | Egypt Oil & Gas - Part 14
Dana Gas Drills New Well in the Nile Delta
UAE-based Dana Gas completed the drilling of a new exploratory well in the Nile Delta area. PLUTO-1 is a gas-producing well. It was drilled using the EDC-66 rig to a vertical depth of 7,300 feet, the cost of which has... Dana Gas achieves 220% increase in net profits in 2011
DANA GAS: Preliminary Results for the year to 31 December 2011 Year to 31 December 2011 (AED M) Year to 31 December 2010 (AED M) Increase % Gross revenue 2,529 1,785 42 Gross profit 1,335 781 71 Net profit 506 158 220... Dana Gas Promises to Honor Debt Payments Amid Concern on $1 Billion Sukuk
Dana Gas (DANA) PJSC said it will honor debt obligations as the United Arab Emirates-based energy company faces a $1 billion Islamic bond maturing in October. “Dana Gas over the last four years has timely and co... Dana Gas intensifies exploration in Delta
Dana Gas, one of the UAE’s leading companies, drilled a new exploratory well, Fluto, in the area of Delta. This drilling operation, which is part of the company’s drilling plan of the 2011/2012 fiscal year... Dana Gas Bond Yield Jumps Most in Two Weeks Ahead of Meeting
The yield on Dana Gas (DANA) PJSC’s Islamic bonds maturing in October climbed the most in two weeks ahead of a planned company board meeting tomorrow. The rate on the $1 billion of 7.5 percent bonds advanced 165... Dana Gas eyes production increase
Dana Gas drilled the South Abou El-Naga 2 development well, in the West Manzala Concession, onshore the Nile Delta. The cost of drilling this oil-producing well averaged $2.5 million. The well was drilled to a total d... Dana Gas Announces 180% Increase in Net Profit
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for the quarter ended 31st March 2011, with a Net Profit after tax of AED 92 million, a 1... Dana Gas to consider listing in London exchange
Dana Gas will consider a wide range of options, including a potential listing on the London Stock Exchange, before deciding on the approach most likely to enhance the company’s value, its’s chief executive... 
