Dana Gas

Latest Dana Gas News

• East Matr-1X, which spudded on 25 February, was drilled with the Sino Tharwa Tanmia 1 rig, reaching a total depth (TD) of 5,800 feet on 5 March.
• The well encountered a 22 foot sand in the Kareem formation, which tested oil and gas with a maximum stabilised rate of 3,630 bbls per day and 4.35 mmscfd, constrained by surface testing facilities.

• First gas from the Van Nes field in the Medway project, phase 2.
• Expected to produce 4,000 barrels of oil equivalent per day (boepd) in 2012.

• Dana Gas PJSC the Middle East's largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2011.

• Dana Petroleum Norway AS has secured five licenses in the 2011 APA licensing round on the Norwegian Continental Shelf.
• Dana announce that drilling has commenced on the Storebjørn prospect in license PL 450 Block 7/12 in the Norwegian North Sea.

• First oil from Van Ghent well in Medway development project phase 1.
• Expected to produce 4,000 boepd in 2012.
• Innovative tri-lateral well a first for Dana and Dutch offshore industry.

• Dana Petroleum plc announce first oil production Matr-1XST well in the North Zeit Bay production sharing contract (PSC) in Egypt.
• Following the recent approval of the Matr Development lease by the Ministry of Petroleum.

• Dana Petroleum plc in a 50/50 partnership with Sorgenia E&P (UK) Ltd has secured blocks 42/27, 47/2b (split) and 47/3g (split) in the UK Southern North Sea, in the final stage of the 26th round of UK offshore licensing.

• Dana will be the operator of the blocks 42/27, 47/2b, 47/3g and the work obligations comprise a reprocessing of 3D seismic.

• Agreement to participate in future wells targeting the Deep Triassic Zone.

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