Dana Gas Starts Drilling Operations at Merak-1 Well
The new well is set to take approximately 70 days to be drilled and could add up to 4 trillion cubic feet (Tcf) of natural gas in prospective resources.
Dana Gas | Egypt Oil & Gas - Part 7
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.
Egypt Pays $10 M to Dana Gas
Dana Gas received $10 million from the Egyptian government, as well as $9 million from the sales of El Wasatani field's condensates.
Dana Gas Expects Financial Impact on Iraqi Kurdistan
Dana Gas expects to generate a financial impact in Iraqi Kurdistan through its latest gas sales agreements with the KRG.
Dana Gas, ADES-Vatage Sign Deepwater Agreement
Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.
Dana Gas, Crescent Ink Gas Deal with Iraq’s KRG
A consortium led by Dana Gas and Crescent Petroleum has inked a gas sales deal with KRG to increase gas output by 63% in two years.
Dana Gas to Drill Egyptian Mega Gas Project
The company collected seismic data that revealed natural gas reserves up to 20 trillion cubic feet, which will make it second to the Zohr mega field in production.
Dana Gas to Invest $5 B in Egypt
Dana Gas's investments in Egypt reached around $2 billion since 2007, and the company ranks the fifth position in natural gas discoveries.
