Capex Data
Dana plans to invest around £200 million across existing fields and licences in 2008, up from £140 million in 2007.
Future Plans
• Exciting period ahead with rising production and extensive drilling programme
• Group production for 2008 expected to average between 40,000 and 45,000 boepd representing more than a 30% growth year-on-year. 2008 production to date has averaged approximately 48,000 boepd.
• A total of 17 exploration wells expected in 2008. Rigs for 14 of these already secured.
• Pre-qualified as an operator in Norway and awarded 7 blocks offshore Norway in the 2007 APA licensing round
• Preparing for forthcoming licence rounds in UK and Egypt
• Planned 2008 capital investment of approximately £200 million across existing fields and licences