Dana Gas’s average production during the first nine months of 2019 increased by 8% to 67,100 barrels of oil equivalent per day (boe/d), driven mainly by a 23% increase in production in the Kurdistan Region of Iraq ...
Eni is not entirely ruling out a possible interest in the Egyptian assets of Dana Gas, unlike what earlier statements had reported, Eni’s CEO Claudio Descalzi said.
Italian energy company Eni is not interested in Dana Gas's assets in Egypt, CEO Claudio Descalzi told Bloomberg in an interview.
Dana Gas has bought back around 3.6 million of the company’s shares on September 22, at an average price of about AED 0.95 per share.
Dana Gas is receiving several offers from companies interested in acquiring its asset portfolio in Egypt.
Dana Gas confirmed that it is studying the possibility of selling its Egypt asset portfolio and has hired financial advisors accordingly.
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 has announced new discoveries in Khor Mor and Chemchemal fields in the Kurdistan Region of Iraq.
Dana Gas has purchased 368,250 shares as part of the buy-back program.
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 ...
