Company Portfolio

EXPLORATION AND PRODUCTION INTERESTS as at 31 December 2008

COUNTRY LICENCE/BLOCK DESIGNATION FIELD/DISCOVERY NAME OPERATOR NET % INTEREST
Fields in Production & Under Development
UK Lic. 128/Block 48/18b & 48/19b Anglia Gaz de France 25.00
UK Lic. P.224/Block 29/2a Banff CNR 12.40
UK Lic. P.213/Block 16/26 (Area P) Caledonia ChevronTexaco 25.78
UK Lic. P.607/Block 43/19a Cavendish RWE 50.00
UK Lic. P.219/Block 16/13a Enoch Talisman 8.80
UK Lic. P.238/Block 21/19 Gadwall Venture 50.00
UK Lic. P.073/Block 21/12 Goosander Venture 50.00
UK Lic. P.472/Block 210/24a, Block 210/4b Hudson Dana 47.50
UK Lic. P.686/Block 43/27a Johnston Caledonia 49.89
UK Lic. P.351/Block 21/18a Kittiwake Venture 50.00
UK Lic. P.238/Block 21/19 Mallard, Grouse Venture 50.00
UK Lic. P.226/Block 210/15a Otter Total 19.00
UK Lic. P.456/Block 48/2a Babbage Eon Ruhrgas 40.00
UK Lic. P.025/Block 49/22 (Victor) Victor ConocoPhillips 10.00
Netherlands Prod. Licences F16-E, E15a, F13a F16-E Wintershall 1.18
Netherlands Prod. Licences E18-a E18-a Wintershall 5.20
Norway PL027B Jotun ExxonMobil 45.00
Egypt East Zeit East Zeit East Zeit Petroleum Co (Dana/EGPC) 100.00
Egypt Qarun Qarun, North Qarun, SW Qarun, Sakr, North Harun, Wadi Rayan Qarun Petroleum Co (Apache/EGPC) 25.00
Egypt East Beni Suef East Beni Suef, El Azhar, Gharibon, Lahun, Yusif East Beni Suef Petroleum Co (Apache/EGPC) 50.00
Egypt West Abu Gharadig Raml, Raml SW Agiba Petroleum Co (Eni/EGPC) 30.00
North Sea Exploration Acreage and Discoveries
UK Lic. P.1190/Block 204/13 - OMV 30.00
UK Lic. P.1262/Block 204/14b - OMV 30.00
UK Lic. P.1373/Blocks 208/13a, 14a, 15a, 18a, 19a, 20a 208/19-1 DONG 30.00
UK Lic. P.1374/Blocks 209/11a, 12, 13a - DONG 30.00
UK Lic. P.1454/Blocks 208/11, 208/16, 214/15 - DONG 30.00
UK Lic. P.1488/Blocks 213/9, 213/10, 213/14 & 213/15 - OMV 30.00
UK Lic. P.1484/Blocks 214/4b, 214/5b,214/8, 214/9b, 214/12a 214/13a & 214/14a - OMV 30.00
UK Lic. P.226/Block 210/15a - Total 19.00
UK Lic. P.1021/Block 210/20d - Total 26.00
UK Lic. P.472/Block 210/24a (rest) Melville-Rinnes Dana 64.83
UK Lic. P.570/Block 210/24b - Dana 47.50
UK Lic. P.212/Block 211/8a 211/8a-2 Valiant 50.00
UK Lic. P.188/Block 211/11a - BP 25.00
UK Lic. P296/Block 211/13a - Valiant 50.00
UK Lic. P.201/Block 211/22a (North-west Area) Kerloch Dana 50.00
UK Lic. P.090/Block 3/25a (Deep) 3/25a-2 Total 15.00
UK Lic. P.219/Block 16/13a J1 Talisman 11.00
UK Lic. P.1474/Block 16/18c - Dana 100.00
UK Lic. P.883/Block 21/11a Dauntless Venture 50.00
UK Lic. P.073/Block 21/12 & 21/13a - Venture 50.00
UK Lic. P.743/Block 21/16a Durward Venture 50.00
UK Lic. P.1415/Block 21/17a Wagtail, Whinchat Dana 50.00
UK Lic. P.351/Block 21/18a - Venture 50.00
UK Lic. P.238/Block 21/19 - Venture 50.00
UK Lic. P.185/Block 21/20d Bligh Venture 30.49
UK Lic. P185/Block 21/20b Christian Venture 50.00
UK Lic.421/Block 21/20f Morgan Noble 35.00
UK Lic. P.1051/Block 23/11 (N) - Dana 80.00
UK Lic. P.1051/Block 23/11 (S) Barbara Dana 100.00
UK Lic. P.749/ Blocks 23/16c & d Barbara, Mortimer Dana 50.00
UK Lic. P.359 Block 23/16b Barbara Extension Barbara Shell 40.00
UK Licence P.224/Block 29/2a 29/2a-2 CNR 13.50
UK Licence P.607/Block 43/19a - RWE 25.00
UK Lic. P.380/Block 43/26a - Eon Ruhrgas 27.78
UK Lic. P.686/Block 43/27a Gunn Eon Ruhrgas 57.78
UK Lic. P.1330/Blocks 42/28d & 29b Mongour Dana 100.00
UK Lic. P.001/Blocks 42/29a (Monkwell area) Monkwell Dana 50.00
UK Lic. P.001/Blocks 42/29a (Rest) - Dana 100.00
UK Lic. P1242 Block 48/1a - Dana 40.00
UK Lic. P.456/Block 48/2a Eon Ruhrgas 40.00
UK Lic. P.1245/Blocks 48/3b & 48/4 - Ithaca 25.00
UK Lic. P.128/Block 48/18b 48/19b - Gaz de France 25.00
UK 25th Round 16/12b - Dana 100.00¹
UK 25th Round 21/20c - Dana 50.00¹
UK 25th Round 21/20e - Dana 50.00¹
UK 25th Round 47/4d & 47/5b (split) - Dana 100.00¹
UK 25th Round 210/23 (part), 210/28 (part) & 210/29 (split) - Dana 100.00¹
UK 25th Round 208/12, 13b, 17, 18b & 19b - DONG 30.00¹
UK 25th Round 208/20b, 22,23,24,25,27,28, 209/16 & 17 - DONG 30.00¹
UK 25th Round 43/26b & 43/27b - E.ON Ruhrgas 50.00¹
UK 25th Round 48/2b & 48/3b - E.ON Ruhrgas 50.00¹
UK 25th Round 22/29c (split) - Maersk 25.00¹
UK 25th Round 205/3, 205/4 - Nexen 30.00¹
Faroe Islands PL.005 - Eni 25.00¹
Netherlands Expl. Licence A15 A15-3 Wintershall 9.00
Netherlands Expl. Licence E18a - Wintershall 5.00
Netherlands Expl. Licence B17a B17a-6 Wintershall 8.83
Norway PL.035B, PL.362, Blocks 25/1, 25/2 and 30/11 - StatoilHydro 10.00
Norway PL.329 Blocks 6607/1, 6607/2 & 6607/4 - Eni 10.00
Norway PL.027B Block 25/8 - ExxonMobil 50.00
Norway PL.027D Block 25/8 - ExxonMobil 40.00
Norway PL.337 Block 16/10a Storskrymten Det norske oljeselskap 25.00
Norway PL.440s Block 2/8a - Det norske oljeselskap 20.00
Norway PL.450 Block 7/12 - Det norske oljeselskap 25.00
Norway PL.464 Blocks 31/3 & 32/1 - Dana 55.00
Norway PL.484 Block 6608/10 - Noreco 30.00
Norway PL.483S Blocks 6508/3, 6608/12, 6609/10 & 6609/11 - Det norske oljeselskap 30.00
Norway PL.494 Block 2/9 - Dana 40.00²
Norway PL.497 Blocks 7/7, 7/8 and 7/11 - Det norske oljeselskap 25.00²
Norway PL.504 Block 25/7 - Det norske oljeselskap 38.50²
Norway PL.513 Blocks 6506/6, 6507/1 and 6507/4 - Maersk 50.00²
Egyptian Exploration Acreage and Discoveries
Egypt North Ghara PSC - BP 25.00
Egypt South Feiran PSC - Eni 20.00
Egypt West El Burullus PSC KES-CC1 Gaz de France 50.00
Egypt North Zeit Bay PSC Abydos Dana 100.00
Egypt South October PSC Akhenaton-1, GG85-1, WFA-1 Dana 65.00
Egypt Ras Abu Darag PSC - Dana 100.00
Egypt West Abu Gharadig PSC - Eni 30.00
Egypt North Qarun PSC - Dana 50.00
Egypt East Beni Suef PSC - Apache 25.00
Egypt South-East July PSC - Santos 40.00
International Exploration Acreage and Discoveries
Mauritania Block 1 PSC Faucon Dana 36.00
Mauritania Block 2 PSC - Tullow 10.73
Mauritania Block 7 PSC Pelican, Aigrette Dana 36.00
Mauritania Block 8 PSC - Dana 26.25
Morocco Tanger-Larache - Repsol 15.00
Morocco Bouanane - Dana 50.00
Senegal St. Louis PSC - Tullow 30.00

 ¹ Net % Interest subject to regulatory approval and/or final legal completion of signed transaction.

 ² Interests granted in APA 2008 awards and subject to finalisation of licence award process.

For PSC’s in Egypt with development leases, Dana’s equity is the Company’s equity pursuant to the PSC. The operator is the operating company pursuant to the PSC which is a Joint Venture between the Contractor and EGPC.