Dana Gas | Egypt Oil & Gas - Part 6

Dana Gas Egyptian Assets Attract Huge Interest

Dana Gas is receiving several offers from companies interested in acquiring its asset portfolio in Egypt.

Dana Gas Confirms Hiring Financial Advisors to Sell Egyptian Assets

Dana Gas confirmed that it is studying the possibility of selling its Egypt asset portfolio and has hired financial advisors accordingly.

Dana Gas to Consider Selling $500 MM Egyptian Assets

Dana Gas is being consulted on whether to sell its $500 million offshore Merak-1 well in Egypt as no commercial discovery has been made there.

Dana Gas Announces Two Discoveries in Iraqi Kurdistan

Dana Gas has announced new discoveries in Khor Mor and Chemchemal fields in the Kurdistan Region of Iraq.

Dana Gas Repurchases 368,250 Shares

Dana Gas has purchased 368,250 shares as part of the buy-back program.

Dana Gas Receives $48 MM from Egypt

Dana Gas PJSC has received around $48 million from its operations in Egypt in June 2019; of which $38 million from the Egyptian government and the remaining $10 million from selling the second El Wastani condensat ...

Dana Gas Starts Drilling Operations at Merak-1 Well

The new well is set to take approximately 70 days to be drilled andĀ could add up to 4 trillion cubic feet (Tcf) of natural gas in prospective resources.

Dana Gas Q1 Profits Increase by 150% YOY

Net profits reached $35 million in the three-month period, up from $14 million in Q1 2018.

Pearl Petroleum to Expand in Iraqi Kurdistan

Pearl Petroleum plans to increase its investments in the Kurdistan Region of Iraq (KRI), according to Patrick Allman-Ward, Dana Gas CEO.

Dana Gas Production Rises by 5% in Q1 2019

Dana Gas announced an increase in production by 5% in Q1 2019, reaching 68,700 barrels of oil equivalent per day.

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