Dana Gas Confirms Hiring Financial Advisors to Sell Egyptian Assets

• Wednesday, 31st July 2019
• by Mai El Ghandour

Dana Gas confirmed that it is studying the possibility of selling its Egypt asset portfolio and has hired financial advisors accordingly, the company said in a statement. “The company is undertaking a strategic review...

Dana Gas to Consider Selling $500 MM Egyptian Assets

• Sunday, 28th July 2019
• by Mai El Ghandour

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, Reuters reported. Investment bank Tudor, Pickering, Holt & Co. (TPH) w...

Dana Gas Starts Drilling Operations at Merak-1 Well

• Tuesday, 21st May 2019
• by Sarah Samir

Dana Gas announced starting drilling operations at its Merak-1 well, offshore Egypt, on May 20, Egypt Oil & Gas reports. The well is located in 755 meters of water at the North El-Arish concession, in the Eastern ...