Dana Gas | Egypt Oil & Gas - Part 7

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.

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.

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