http://www.dana-petroleum.com/ RSS from Dana Petroleum http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-spuds-new-exploration-well-in-southern-North-Sea/   Dana is drilling the P11-08 exploration well using the jack-up Noble Lynda Bossler, in the production licence P10a and will test the Triassic Volpriehausen substrata for the presence of oil beneath a gas cap. The prospect is located immediately west and above the producing Volpriehausen and Hewett/Fringe compartments of the De Ruyter Field. If successful, Dana will drill a side track horizont... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-spuds-new-exploration-well-in-southern-North-Sea/ Thu, 25 Apr 2013 11:50:00 GMT Corporate UK Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-appoints-new-Managing-Director-in-Egypt-/ Paul took up his new position on 15 April. He has over 32 years of international exploration and production experience. Paul spent over 18 years with Shell in technical and managerial roles in Europe and the Middle East, and most recently held senior management roles for Hess Corporation in Libya and Russia. Marcus Richards, Group Chief Executive said: “I’m delighted to welcome Paul to Dana at... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-appoints-new-Managing-Director-in-Egypt-/ Tue, 23 Apr 2013 08:40:00 GMT Corporate Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Scottish-Labour-Leader-visits-Dana-Petroleum/ Dana's UK Managing Director Paul Griffin and Scottish Labour leader Johann Lamont She was accompanied by Labour colleagues Dame Anne Begg MP, Lewis Macdonald MSP and Richard Baker MSP. Paul Griffin, UK Managing Director of the Aberdeen-based company told Mrs Lamont and her colleagues about Dana’s ambitious plans to become a leading international oil and gas company operating in Europe, Africa a... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Scottish-Labour-Leader-visits-Dana-Petroleum/ Wed, 03 Apr 2013 08:30:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Fabric-of-the-land-exhibition/ Professor Andrew Hurst, Chair of Production Geoscience at the University of Aberdeen at the Fabric of the Land exhibition. Dana is pleased to announce its support of this year’s Fabric of the Land exhibition, which is hosted by the Geology and Petroleum Geology Department of the University of Aberdeen. Now in its fifth year, the exhibition showcases pieces from established and emerging artists... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Fabric-of-the-land-exhibition/ Fri, 22 Mar 2013 11:17:00 GMT Corporate UK http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-partners-with-RWE-to-drill-new-exploration-well-in-Southern-North-Sea/ The companies are targeting the Severn prospect in blocks 43/17a, 43/18a which comprises Carboniferous sandstones. RWE is the operator for the drilling operations which will start in a few days time. The well is the third the company has drilled in the UKCS this year and is planned to reach total depth in seven weeks. Both Dana and RWE, the operator, have 50 per cent stakes in the project. Dana... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-partners-with-RWE-to-drill-new-exploration-well-in-Southern-North-Sea/ Wed, 20 Mar 2013 10:16:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-announces-new-Managing-Director-for-the-Netherlands/ Nick, who previously ran Dana’s operations in Egypt, took up his new position on 1 March replacing Reidar Hustoft, who has recently moved to become Managing Director for the company’s Norwegian business.  Nick joined Dana in 2008 from Shell where he worked in a variety of exploration and production management roles, first in the Philippines and then in Malaysia. Nick has considerable experience... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-announces-new-Managing-Director-for-the-Netherlands/ Tue, 05 Mar 2013 16:35:00 GMT Corporate Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-starts-drilling-exploration-well-in-Moray-Firth/ Dana is drilling an operated well targeting the Magnolia prospect in block 13/23a, which comprises early Cretaceous sandstones.  Dana’s UK Managing Director Paul Griffin said: “Magnolia is a significant milestone in Dana’s UK exploration programme for 2013. It will also help us gain valuable experience working with the Ocean Nomad.” The company is using the Ocean Nomad drilling rig, managed by... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-starts-drilling-exploration-well-in-Moray-Firth/ Thu, 28 Feb 2013 09:04:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-announces-new-Managing-Director-for-Norway/ Reidar Hustoft took up his new position on 1 February replacing John M Dahlen, who is retiring from the company. John was a co-founder of Ener Petroleum which was acquired by Dana in 2007. Reidar previously ran Dana’s business in the Netherlands and is originally from Norway. He is moving back to his native country after spending over 30 years working in the oil and gas industry in the North Se... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-announces-new-Managing-Director-for-Norway/ Thu, 14 Feb 2013 08:00:00 GMT Netherlands Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-gives-5000-to-help-set-up-an-IT-centre-for-homeless-people-in-Aberdeen/ The money was largely raised by Dana employees and then topped up by the company. The donation will be used to set up and equip an IT centre giving homeless people the chance to develop computer skills, have access to the internet and email, deal with housing and financial issues, and assist them in finding and applying for jobs. The company is also providing some computer equipment. Dana’s UK... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-gives-5000-to-help-set-up-an-IT-centre-for-homeless-people-in-Aberdeen/ Fri, 01 Feb 2013 09:01:00 GMT Corporate UK http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-gets-green-light-for-development-after-successful-test-well-in-Egypt/ The Aberdeen-based oil and gas company, in partnership with INPEX, successfully drilled the exploration well Nefertiti-2X at the end of 2012. The well tested at a maximum stabilised flow rate of 1,850 bbls/day with an Electrical Submersible Pump (ESP), and the field is expected to produce around 2,500 bbls/day  (1,625 bbls/day net to Dana) when it comes on stream in around  six months. Followin... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-gets-green-light-for-development-after-successful-test-well-in-Egypt/ Tue, 29 Jan 2013 09:53:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-announces-first-oil-production-from-Cormorant-East-Field-in-Northern-North-Sea1/ The initial production rate is approximately 5,500 barrels of oil per day (net Dana approximately 1,100 barrels of oil per day). A Field Development Plan (FDP) for the Cormorant East Field, part of the Contender Block, was approved by DECC last year. First oil follows Dana and other partners successfully drilling well 211/21-N94 (the “Contender Well”) in October 2012 and penetrating a thick oil... http://www.dana-petroleum.com/Media-centre/Press-releases/2013/Dana-Petroleum-announces-first-oil-production-from-Cormorant-East-Field-in-Northern-North-Sea1/ Mon, 14 Jan 2013 09:55:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/WIDP-update/ The Department of Energy and Climate Change has approved the Western Isles project which will develop two discovered oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field. The nine-well Western Isles development is expected to produce more than 40,000 barrels of oil equivalent, adding more than 30,000 barrels (net) to Dana’s... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/WIDP-update/ Mon, 17 Dec 2012 07:00:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-targets-new-prospect-in-Norwegian-Sea-/ The drilling rig Transocean Barents has started operations on the Albert prospect in production license PL 513 in the Haltenbanken area. The gas/condensate prospect in the Cretaceous Lysing formation will be drilled down to 3,500 meters and is expected to be completed by the end of January 2013. Dana has a 50% interest in the Albert prospect license which is operated by Maersk Oil Norway AS... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-targets-new-prospect-in-Norwegian-Sea-/ Tue, 11 Dec 2012 15:28:00 GMT UK Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-boosts-exploration-and-production-activities-in-Egypt/ Dana completed the East Zeit A17Z well on 8 September as a successful oil producer, with initial rates of 1,400 boepd and 3 mmscf/d through a 24/64” choke. This was the last well of a four well campaign that has significantly enhanced the long term production capability from the East Zeit Field, as well as identifying new opportunities to pursue in the medium term. The Zeitco JV also completed... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-boosts-exploration-and-production-activities-in-Egypt/ Thu, 08 Nov 2012 13:17:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-awarded-new-North-Sea-acreage-/ Of the awarded blocks, Dana is operator of block 13/23d (Dana 100%)  in the Inner Moray Firth (IMF) which is located immediately west of the Blake Field. This block was won with a firm well bid which is currently on Dana’s drilling schedule for 2014. Paul Griffin, Dana’s UK Managing Director, said “We’re delighted with the results of the record breaking 27 th round. Overall, this is a really... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-awarded-new-North-Sea-acreage-/ Mon, 29 Oct 2012 13:00:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Contender-well-successful-/ The well was drilled by TAQA Bratani from its North Cormorant platform and the field is expected to be developed under the new field name ‘Cormorant East’. Production will be processed through the North Cormorant platform. The target for the well was located in the Jurassic Brent sandstones to the North East of the Cormorant North field and encountered an oil accumulation that is expected to... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Contender-well-successful-/ Mon, 22 Oct 2012 09:56:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Triton/ Core part of our strategy to acquire more operated positions Consolidates our strong position in the Central North Sea Flexible, mobile export solutions are the way forward in the North Sea   Today, (Monday 1 October 2012), Dana Petroleum (E&P) Limited, a wholly owned subsidiary of Dana Petroleum plc (Dana) takes over the operatorship of the Triton floating production storage and offloading... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Triton/ Mon, 01 Oct 2012 07:00:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Fergus-Ewing-visits-Dana-Petroleum/ Mr Ewing met Paul Griffin, UK Managing Director, to discuss the $1.5 billion Western Isles Project which is expected to add 40,000 barrels of oil per day to Dana’s portfolio when first oil is produced in 2015.  Paul said, “Dana is aiming to become a leading international oil and gas company operating in Europe, Africa and the Middle East. The North Sea has a key role to play in our growth.  70%... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Fergus-Ewing-visits-Dana-Petroleum/ Wed, 05 Sep 2012 11:49:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2012/First-Minister-officially-opens-Dana-Petroleums-global-headquarters/ L-R Alex Salmond, First Minister and Marcus Richards, Group Chief Executive. Download jpg Mr Salmond enjoyed a tour of the office and met with employees and Group Chief Executive Marcus Richards during his visit to Aberdeen. Marcus said, “We are delighted to welcome Scotland’s First Minister to Dana’s new home. Our new Aberdeen office demonstrates our commitment to the city and the North Sea,... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/First-Minister-officially-opens-Dana-Petroleums-global-headquarters/ Mon, 03 Sep 2012 15:49:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Scottish-Secretary-of-State-drops-in-on-Dana/ Mr Moore met with Group Chief Executive Dr Marcus Richards to discuss Dana’s plans to invest $5 billion to more than double in size by 2016.   Mr Richards said, “This is an exciting time for Dana in the North Sea and internationally.  We have employed 50 people since the start of 2012 and our $1.5 billion Western Isles development project will create 200 additional jobs. “As an industry, it is... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Scottish-Secretary-of-State-drops-in-on-Dana/ Wed, 15 Aug 2012 16:24:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Strong-results-for-Danas-Platypus-well-/ Well 48/1a-6 was spudded on 11 April 2012 with the Ensco 80 jack up drilling rig. The well reached a total measured depth of 14,175 feet on 19 June having successfully drilled a 3,100 foot horizontal section within the reservoir. A Drill Stem Test was successfully completed on 23 July and the well is being suspended for use as a future production well. Dana’s UK Managing Director, Paul Griffin... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Strong-results-for-Danas-Platypus-well-/ Thu, 02 Aug 2012 07:00:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-backs-Paralympic-hopeful-Karen-Darke/ Download hi-res image (JPEG, 3MB) Karen was paralysed from the chest down after a rock climbing accident aged 21. Since then, she has continuously challenged physical and mental barriers to complete many incredible feats around the world. She has hand-biked across the Himalayas and the 2,000km length of Japan. Not content to restrict herself to dry land, Karen has kayaked the Alaskan ‘Inside... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-backs-Paralympic-hopeful-Karen-Darke/ Fri, 20 Jul 2012 08:39:00 GMT Corporate UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-announces-strong-2011-performance/ Financial highlights 2011 2011 profit after tax of $292.6m ($8.4m loss in 2010) Revenue increased by 80% to $1.7 billion in 2011 ($965 million in 2010) Net assets increased by 46% to $2.05 billion in 2011 ($1.4 billion in 2010)   Operational highlights 2011 Production increased from 41,125 boepd to 61,970 boepd – an increase of 50% year-on-year Exploration and development successes in the UK... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-announces-strong-2011-performance/ Wed, 18 Jul 2012 07:00:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleums-Western-Isles-project-moves-ahead/ The Western Isles project will develop two discovered oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field. The nine-well development is expected to add more than 26,000 barrels of oil equivalent to Dana’s daily production. Paul Griffin, Dana’s UK Managing Director said: “Western Isles is a very important project for Dana and ... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleums-Western-Isles-project-moves-ahead/ Thu, 12 Jul 2012 09:00:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Results-of-Clapton-exploration-well-announced/ Dana Petroleum Norway AS is a 20% partner in exploration well 2/8-18 S, which is located in PL440 S in block 2/8, approximately 5 km east of the Eldfisk East Field and 10 km north of the Valhall Field. The primary target of the Clapton well was the Shetland Group chalk reservoirs on the flanks of a salt induced mode dome. The well was drilled to a vertical depth of 2,619 metres and targeted the... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Results-of-Clapton-exploration-well-announced/ Tue, 03 Jul 2012 12:39:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Development-success-for-Dana-Petroleum-and-Zeitco-/ Two new wells on stream adding more than 4,000 barrels of daily production  Dana Egypt daily production is now more than 13,000 barrels; up 50% on 2011 More than 10 further wells planned for 2012    Dana Petroleum plc ("Dana") is pleased to announce it has just completed two successful appraisal/development wells in the Gulf of Suez area, with Zeitco, our joint venture company.  Within the Lorc... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Development-success-for-Dana-Petroleum-and-Zeitco-/ Fri, 29 Jun 2012 10:58:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-to-operate-in-Cameroon/ In a deal which extends our existing position in Africa, Dana will be the Operator (55%), working in partnership with Madison Cameroon Oil and Gas Limited (“Madison”) (35%) and SoftRock Oil and Gas Limited (“SoftRock”) (10%). Bakassi West is situated in the Rio Del Rey Basin in South West Cameroon, adjoining the border of Nigeria on the southern margin of the Niger Delta and covering an area of... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-to-operate-in-Cameroon/ Fri, 15 Jun 2012 10:48:00 GMT Africa http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-appoints-Director-of-New-Business-Development/ Reporting to Group Chief Executive Marcus Richards, Jim will lead all Dana’s work in the commercial and new business development arena, as the company strives to increase production to more than 100,000 barrels of oil equivalent per day by 2016. Jim joins Dana following a 30-year career with Shell where he held senior roles in commercial services, finance and new business development. Most... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-appoints-Director-of-New-Business-Development/ Thu, 07 Jun 2012 11:59:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Drilling-starts-on-Clapton-exploration-well-in-Norwegian-North-Sea/ Dana Petroleum Norway AS is a 20% partner in exploration well 2/8-18 S, which is located in PL440 S in block 2/8, approximately 5 km east of the Eldfisk East Field and 10 km north of the Valhall Field.  Clapton is a chalk prospect on the flanks of the salt induced Mode Dome and the well will target the Ekofisk, Tor and Hod formations, which are the main producing reservoirs in the neighbouring... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Drilling-starts-on-Clapton-exploration-well-in-Norwegian-North-Sea/ Thu, 24 May 2012 15:07:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2012/North-Zeit-Bay-success-for-Dana-Petroleum-and-Zeitco/ 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. On 27 March, the upper interval of Rahmi sand in the Kareem formation tested oil and gas, with a maximum stabilised flow rate of 6,153 boepd and 6.29 mmscfd, through a 96/64" choke. Zeitco has now tied the well into the Lorcan production facility in... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/North-Zeit-Bay-success-for-Dana-Petroleum-and-Zeitco/ Tue, 15 May 2012 11:44:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-confirms-first-production-from-Van-Nes-well-and-completion-of-Medway-project/ 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 Second subsea tie-back to Dana-operated De Ruyter platform, completes the Medway development project Dana Petroleum plc ("Dana") is delighted to announce that on 30 April 2012, first gas production began from the Van Nes field located in block P11b within t... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-confirms-first-production-from-Van-Nes-well-and-completion-of-Medway-project/ Tue, 01 May 2012 09:30:00 GMT Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-spuds-Platypus-appraisal-well/ The Dana-operated Platypus gas accumulation is located in Block 48/1a in the UK Southern North Sea. It was discovered in 2010 when the Dana-operated 48/1a-5 well encountered gas bearing Lower Leman sandstone reservoir. To date the drilling operation is running according to plan, having just drilled the 17.5" hole section to section Total Depth (TD). Dana holds a 59% operated interest in the... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-spuds-Platypus-appraisal-well/ Wed, 11 Apr 2012 10:04:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-and-Zeitco-confirm-Egypt-well-success/ The well was drilled with the new-build Sino Tharwa jack-up rig Bahari 1, after successful commissioning with Zeitco. Initial production rates of over 1,000bbls oil per day have been recorded for the last week. When production stabilises, this will significantly enhance production from the East Zeit field, which was previously producing around 3,400bbls oil per day. Dana's Managing Director in... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-and-Zeitco-confirm-Egypt-well-success/ Fri, 02 Mar 2012 10:03:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-strengthens-position-in-Central-North-Sea-with-Bittern-acquisition/ As a result of the transaction Hess will resign the affiliated operatorship of the Triton floating production, storage and offloading (FPSO) vessel and Dana has indicated its desire to operate the facility. Under KNOC, Dana is focused on increasing production and reserves in the UK and internationally while positioning Dana as a partner of choice in its chosen markets. The transaction will add ... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-strengthens-position-in-Central-North-Sea-with-Bittern-acquisition/ Thu, 23 Feb 2012 10:02:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-awarded-further-blocks-in-Norway/ Dana secures five licenses in 2011 APA round Four exploration wells planned for 2012 Drilling underway on Storebjørn prospect Dana Petroleum Norway AS ('Dana') has secured five licenses in the 2011 APA licensing round on the Norwegian Continental Shelf (NCS). Three of the offers - PL 513B, PL 597B and PL 649 - are adjacent to the forthcoming Albert well, which the company plans to drill in the... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-awarded-further-blocks-in-Norway/ Fri, 20 Jan 2012 10:01:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-confirms-first-production-from-innovative-Dutch-well/ 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 ("Dana") is delighted to announce that on 11 January, first crude oil production began from the Van Ghent well located in block P11b within the Medway development area (Dana 50% and operator / EBN... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-confirms-first-production-from-innovative-Dutch-well/ Thu, 12 Jan 2012 10:00:00 GMT Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-confirms-first-production-from-Matr-1XST-well/ Matr-1XST, which is expected produce 1,200 boepd, is the third well producing oil via the Lorcan Processing Facility - alongside Lorcan-1XST and Fin-1X - operated by Dana in the North Zeit Bay PSC area, in which the company holds a 100% interest. Dana estimates that there are reserves of at least 10 - 12 million boe (100% Dana) within the PSC area and Dana is currently planning to bring three... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-confirms-first-production-from-Matr-1XST-well/ Mon, 09 Jan 2012 09:55:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-awarded-new-North-Sea-acreage/ Dana will be the operator of the blocks and the work obligations comprise a reprocessing of 3D seismic. The blocks are adjacent to the substantial Tolmount discovery made in October 2011 in which Dana has a 50% interest. Dana, which already has the second largest acreage position in the North Sea, is planning an extensive drilling programme during 2012. Dana's UK Managing Director, Paul Griffin... http://www.dana-petroleum.com/Media-centre/Press-releases/2012/Dana-Petroleum-awarded-new-North-Sea-acreage/ Fri, 06 Jan 2012 09:54:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2011/New-identity-for-international-oil-company-Dana-Petroleum/ Rebrand will support significant international growth Position Dana as a partner of choice in Europe, The Middle East and Africa Integrated digital communications agency Precedent to handle the brief International oil and gas company, Dana Petroleum is to develop a new brand identity as the company targets growth in Europe, The Middle East and Africa. A year since the Korean National Oil... http://www.dana-petroleum.com/Media-centre/Press-releases/2011/New-identity-for-international-oil-company-Dana-Petroleum/ Tue, 20 Dec 2011 09:53:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2011/Dana-Petroleum-Egypt-joint-venture-approved/ Petro Kareem will produce oil and gas from the Lorcan Development lease, within the North Zeit Bay ("NZB") concession, located onshore in the Gulf of Suez, 320km south east of Cairo. The NZB Production Sharing Contract ("PSC") area, in which Dana holds a 100% interest, consists of two wells currently producing oil via the Lorcan Processing Facility, Lorcan-1xST and Fin-1x, with the potential to... http://www.dana-petroleum.com/Media-centre/Press-releases/2011/Dana-Petroleum-Egypt-joint-venture-approved/ Tue, 29 Nov 2011 09:52:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2011/Dana-partner-begins-deep-water-3D-seismic-survey-in-Guinea/ Using the survey vessel Oceanic Endeavour, seismic contractor CGGVeritas will acquire 3D seismic data in a deep water area covering approximately 4,000 square kilometers. After it completes the data acquisition phase of the project, CGGVeritas will also process the data. The survey area is located just southwest of and adjacent to the 3D survey obtained by Hyperdynamics in 2010. The primary goa... http://www.dana-petroleum.com/Media-centre/Press-releases/2011/Dana-partner-begins-deep-water-3D-seismic-survey-in-Guinea/ Mon, 14 Nov 2011 09:51:00 GMT Africa http://www.dana-petroleum.com/Media-centre/Press-releases/2011/Dana-Petroleum-strengthens-senior-management-team/ Acquired by the Korean National Oil Company (KNOC) in October 2010, Dana's strategy is to grow production and reserves in Europe, Africa, the Middle East and beyond by becoming a partner of choice in its chosen markets. Jill Reid, Group General Counsel and Company Secretary joins from Shell UK, where she was Senior Legal Counsel for deal delivery, strategy and portfolio management for eight yea... http://www.dana-petroleum.com/Media-centre/Press-releases/2011/Dana-Petroleum-strengthens-senior-management-team/ Tue, 08 Nov 2011 09:50:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2011/TOLMOUNT-GAS-DISCOVERY/ DANA PETROLEUM PLC (“Dana” or “The Company”) E.ON Ruhrgas E&P Ltd (“E.ON”) TOLMOUNT GAS DISCOVERY Dana (50%) in partnership with E.ON (50% and Operator) of Licence P1330, is pleased to announce a gas discovery on the Tolmount prospect located in Block 42/28d in the UK Southern North Sea about 40 miles east of the Yorkshire coast. The exploration well was drilled using the Ensco 92 jack up... http://www.dana-petroleum.com/Media-centre/Press-releases/2011/TOLMOUNT-GAS-DISCOVERY/ Fri, 07 Oct 2011 09:49:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-MAKES-DISCOVERY-AT-NEFERTITI-GULF-OF-SUEZ-EGYPT/ The Nefertiti-1X well was drilled to a measured depth of 14,150 ft, targeting a prospect in the Asl sands. The well encountered 65ft TVD oil bearing sands. As expected the reservoir was moderately pressure depleted and the flow test was completed using an Electrical Submersible Pump (ESP). During the drill stem test, the well flowed at a maximum stabilized rate of 1,544 barrels of fluid per day... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-MAKES-DISCOVERY-AT-NEFERTITI-GULF-OF-SUEZ-EGYPT/ Wed, 01 Dec 2010 09:48:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2010/MEDWAY-PROJECT-SANCTION-OFFSHORE-NETHERLANDS/ First production from Medway is expected in Q4 2011. The project is initially expected to add an average of 4,100 barrels of oil equivalent per day net to Dana in 2012, with production rising further in 2013 and field life continuing through to 2020.  The development of Medway will also significantly benefit Dana by extending the producing life of the De Ruyter oil and gas fields complex, where... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/MEDWAY-PROJECT-SANCTION-OFFSHORE-NETHERLANDS/ Wed, 22 Sep 2010 09:47:00 GMT Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-BEGINS-DRILLING-THE-CORMORAN-EXPLORATION-WELL-OFFSHORE-MAURITANIA/ The conductor has been run and Dana has already drilled the 26 inch hole section down to approximately 2,226 metres. The current operation is preparing to run 20 inch casing, before drilling ahead. Cormoran-1 is being drilled by the Maersk Deliverer drilling rig and is located in Block 7 offshore Mauritania. The planned total depth of the Cormoran well is approximately 4,600 metres and the well... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-BEGINS-DRILLING-THE-CORMORAN-EXPLORATION-WELL-OFFSHORE-MAURITANIA/ Tue, 21 Sep 2010 09:46:00 GMT Africa http://www.dana-petroleum.com/Media-centre/Press-releases/2010/VALUE-BASED-DEFENCE---DANA-RESPONSE-TO-KNOC-OFFER/ NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION Dana Petroleum plc (“Dana” or the “Company”)  Dana Sets Out Its Value-Based Defence Rejects KNOC's Inadequate 1800 pence per share Offer Value range(1) between 2270 - 2465 pence per share with major additional... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/VALUE-BASED-DEFENCE---DANA-RESPONSE-TO-KNOC-OFFER/ Wed, 08 Sep 2010 09:43:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-ACQUIRES-UKCS-INTERESTS-FROM-PETRO-CANADA-UK-LIMITED/ The package consists of two main production hubs in the UK Continental Shelf ("UKCS"). These are the Petro-Canada UK operated fields around the Central North Sea Triton Area and the Nexen-operated Scott/Telford Moray Firth fields. Additionally, the Acquisition includes the prospective Inner Moray Firth exploration portfolio. Key Acquisition Highlights The Acquisition provides to Dana significan... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-ACQUIRES-UKCS-INTERESTS-FROM-PETRO-CANADA-UK-LIMITED/ Wed, 08 Sep 2010 09:41:00 GMT Corporate UK http://www.dana-petroleum.com/Media-centre/Press-releases/2010/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2010/ HIGHLIGHTS Strong Financial Performance Total income for half year of £266.9 million, comprising revenue of £185.7 million and underlifted production of £81.2 million Pre-tax profit of £82.0 million, up 274%, and exceeding 2009 full year equivalent £191.5 million cash generated from operations, up 221% Net bank debt of £8.6 million and convertible debt of £121.8 million at 30 June Significant... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2010/ Fri, 27 Aug 2010 09:39:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-COMPLETES-ACQUISITION-OF-PETRO-CANADA-NETHERLANDS-BV/ On 9 August 2010, Dana announced that the resolution to approve the Company's proposed acquisition of Petro-Canada Netherlands B.V. (the "Acquisition") put to shareholders at the General Meeting was passed unanimously. Dana is pleased to confirm that the Acquisition has now been completed.   For further information please contact: Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 John... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-COMPLETES-ACQUISITION-OF-PETRO-CANADA-NETHERLANDS-BV/ Fri, 13 Aug 2010 09:38:00 GMT Corporate Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2010/FIRST-PRODUCTION-FROM-BABBAGE-GAS-FIELD/ The Babbage field development was approved by the UK authorities in 2009 and is being executed in two phases. The total investment in the development of the Babbage field will amount to around £300m. Phase one has included the installation of the Babbage platform in September 2009, the drilling of three production wells and the laying of a 28km pipeline to connect the field to existing UK gas... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/FIRST-PRODUCTION-FROM-BABBAGE-GAS-FIELD/ Wed, 11 Aug 2010 09:37:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2010/BLACKBIRD-FLOW-TEST--INCREASED-OIL-PRODUCTION-AT-ETTRICK/ The 20/2a-9 well, operated by Nexen Petroleum UK, was drilled in a water depth of approximately 367 feet to a total measured depth of 12,000 feet, targeting a high quality Upper Jurassic oil discovery. Following detailed evaluation of all the gathered well data, it is now assessed that the well encountered 389 feet of gross pay and 90 feet of net pay of good quality oil bearing reservoir sands.... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/BLACKBIRD-FLOW-TEST--INCREASED-OIL-PRODUCTION-AT-ETTRICK/ Tue, 10 Aug 2010 09:36:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-RECEIVES-SHAREHOLDER-APPROVAL-FOR-THE-ACQUISITION-OF-PETRO-CANADA-NETHERLANDS-BV/ Consideration for the Acquisition will be drawn from the Company’s new $900 million bank facilities, with RBC being joined by a further four banks who were also members of the syndicate that provided Dana’s previous facility. Further details of the new bank facilities are set out in the Circular. Votes in favour of, and against, the resolution as well as the number of votes withheld and number ... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-RECEIVES-SHAREHOLDER-APPROVAL-FOR-THE-ACQUISITION-OF-PETRO-CANADA-NETHERLANDS-BV/ Mon, 09 Aug 2010 09:35:00 GMT Corporate Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-DISCOVERS-NEW-OIL-FIELD-AT-NORTH-ZEIT-BAY-EGYPT/ The Fin-1X well (Dana 100% stakeholder and Operator) was drilled to a depth of 10,038 ft, some 3km from the Lorcan oil discovery announced in June.  The Fin-1X well encountered good quality oil bearing sands in the Kareem formation, in line with Dana's prognosis prior to drilling. During the drill stem test, the Fin-1X well flowed strongly with high downhole pressures delivering an average flow... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-DISCOVERS-NEW-OIL-FIELD-AT-NORTH-ZEIT-BAY-EGYPT/ Fri, 30 Jul 2010 09:33:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DRILLING-BEGINS-AT-ANNE-MARIE-WELL-OFFSHORE-FAROE-ISLANDS/ Dana Petroleum holds a direct 25% equity interest in the Anne Marie prospect and licence area, and remains a 27.5% shareholder of Faroe Petroleum following its take up in full in the recent Rights Issue.   26 July, 2010 Enquiries:   Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 Nick Elwes College Hill Associates 020 7457 2020   Faroe Petroleum plc  ("Faroe Petroleum" or the... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DRILLING-BEGINS-AT-ANNE-MARIE-WELL-OFFSHORE-FAROE-ISLANDS/ Mon, 26 Jul 2010 09:32:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2010/STATEMENT-RE-FAROE-PETROLEUM-OIL-DISCOVERY-IN-NORWEGIAN-SEA/ Dana Petroleum remains a 27.5% shareholder of Faroe Petroleum following its take up in full in the recent Rights Issue. 22 July, 2010 Enquiries:   Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 Nick Elwes College Hill Associates 020 7457 2020   Faroe Petroleum plc  ("Faroe Petroleum" or the "Company") Maria Oil Discovery, Norwegian Sea Faroe Petroleum, the independent oil and gas... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/STATEMENT-RE-FAROE-PETROLEUM-OIL-DISCOVERY-IN-NORWEGIAN-SEA/ Thu, 22 Jul 2010 09:31:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2010/POSTING-OF-SHAREHOLDER-CIRCULAR-AND-NOTICE-OF-GENERAL-MEETING/ The Board of Dana Petroleum plc (the "Company") is pleased to announce that it is today posting a circular to its shareholders (the "Circular") setting out details of the Proposed Acquisition. The Circular will be available to view shortly on the Company's website ( www.dana-petroleum.com ). The Circular contains, inter alia, a Competent Person's Report on the Petro-Canada Netherlands assets... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/POSTING-OF-SHAREHOLDER-CIRCULAR-AND-NOTICE-OF-GENERAL-MEETING/ Wed, 21 Jul 2010 09:29:00 GMT Corporate Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-INCREASES-STRATEGIC-POSITION-OFFSHORE-NILE-DELTA-EGYPT/ The El Manzala Offshore Area Concession is a large PSC area, covering some 630 sq km, situated in the prolific offshore Nile Delta area of Egypt. The area already has significant coverage of both 2D and 3D seismic data. Dana will fund the cost of the next exploration well up to an agreed cap in order to earn the 50% interest. Dana has assessed that this area is prospective in both the Pliocene... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-INCREASES-STRATEGIC-POSITION-OFFSHORE-NILE-DELTA-EGYPT/ Wed, 21 Jul 2010 09:27:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2010/EXPLORATION--DRILLING-PROGRAMME-UPDATE/ Current Drilling On 14 July 2010, Dana announced its successful appraisal well at the Blackbird oil field in the UK Central North Sea. This well will be completed and flow tested shortly, and is the first of 10 exploration and appraisal wells Dana has scheduled for the second half of 2010. In addition to Blackbird, Dana has now spudded a well targeting the Nefertiti oil prospect offshore the Gu... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/EXPLORATION--DRILLING-PROGRAMME-UPDATE/ Fri, 16 Jul 2010 09:26:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/SUCCESSFUL-APPRAISAL-OF-THE-BLACKBIRD-OIL-FIELD/ The 20/2a-9 well, operated by Nexen, was drilled in a water depth of approximately 367 feet to a total measured depth of 12,000 feet, targeting a high quality Upper Jurassic oil discovery. The well encountered approximately 330 vertical feet of gross oil bearing section and an extensive set of wireline log data is being acquired over the reservoir section, following drilling and coring.... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/SUCCESSFUL-APPRAISAL-OF-THE-BLACKBIRD-OIL-FIELD/ Wed, 14 Jul 2010 09:25:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2010/TWO-NEW-OIL-DISCOVERIES-IN-EGYPT-AND-EXPLORATION-DRILLING-UPDATE/ Firstly, a successful exploration well in the North Zeit Bay production sharing contract area, onshore Gulf of Suez in Egypt, where Dana holds a 100% interest. The Dana operated Lorcan-1x well was drilled to a total depth (“TD”) of 7,500 feet, encountering good quality oil bearing sands in the Kareem formation in line with Dana’s prognosis prior to drilling. During the drill stem test, the well... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/TWO-NEW-OIL-DISCOVERIES-IN-EGYPT-AND-EXPLORATION-DRILLING-UPDATE/ Thu, 24 Jun 2010 09:24:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2010/ACQUISITION-OF-PETRO-CANADA-NETHERLANDS-BV/ Petro Canada Netherlands is an upstream oil and gas exploration and production company operating in the Dutch sector of the North Sea. The Acquisition is a Class 1 transaction for Dana under the Listing Rules and is therefore conditional on the approval of Dana shareholders. A notice convening the general meeting of Dana’s shareholders will be set out in the circular to shareholders of Dana (th... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/ACQUISITION-OF-PETRO-CANADA-NETHERLANDS-BV/ Mon, 14 Jun 2010 09:23:00 GMT Corporate Netherlands http://www.dana-petroleum.com/Media-centre/Press-releases/2010/INTERIM-MANAGEMENT-STATEMENT/ Delivery of Exploration Programme: Since the start of 2010, Dana has completed drilling on six exploration prospects resulting in three discoveries:     Dana’s second well on the West El Burullus concession, offshore Nile Delta, Egypt, discovered approximately 75 bcf of gas at Papyrus, in line with the pre-drill prognosis. Following Dana’s first gas discovery at WEB-1, the Company is confident... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/INTERIM-MANAGEMENT-STATEMENT/ Tue, 18 May 2010 09:22:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/INTERNATIONAL-EXPLORATION-DRILLING-UPDATE/ Dana expects the Anne Marie well in the Faroe Islands to commence drilling within the next month. The Company holds a direct 25% interest in the Anne Marie well. Faroe Petroleum, in which Dana has a 27.2% stake, also holds a 12.5% interest in Anne Marie. The Anne Marie well follows on from recent success in the UK West of Shetland area, including the two significant discoveries at Tornado and... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/INTERNATIONAL-EXPLORATION-DRILLING-UPDATE/ Mon, 10 May 2010 09:21:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-MAKES-SIGNIFICANT-GAS-DISCOVERY-OFFSHORE-UK/ The Dana operated 48/1a-5 well was drilled in a water depth of approximately 142 feet to a total measured depth of 11,048 feet, targeting a high quality Rotliegend age, Lower Leman prospect. The well encountered some 218 vertical feet of good quality gas bearing sands and an extensive set of wireline log data is being acquired over the reservoir section. Preliminary analysis indicates that the... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-MAKES-SIGNIFICANT-GAS-DISCOVERY-OFFSHORE-UK/ Thu, 15 Apr 2010 09:20:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2010/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2009/ HIGHLIGHTS Strong Growth in Oil and Gas Reserves Proven and probable reserves increased to a new record high of 223 mmboe at end 2009 (end 2008: 194 mmboe) Oil and gas reserves additions represent a reserves replacement ratio of approximately 304% for the year Major Corporate Initiatives and Business Development Completion of acquisition of Bow Valley Energy New three year USD 400 million... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2009/ Mon, 29 Mar 2010 09:18:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/EXPLORATION-DRILLING-UPDATE/ The Company spudded the Bamboo well (Dana 50%) in the West El Burullus concession, offshore Nile Delta, Egypt on 19th February 2010. This drilling follows on from the recent success at Papyrus, which was the second gas field discovered in this concession by Dana and its partner Gaz de France with their first two wells. Dana has completed the drilling of the RAD-3x well offshore Gulf of Suez,... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/EXPLORATION-DRILLING-UPDATE/ Thu, 25 Feb 2010 09:17:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-MAKES-SECOND-GAS-DISCOVERY-OFFSHORE-NILE-DELTA-EGYPT/ The Papyrus-1X well was drilled in a water depth of approximately 20m to a total measured depth of 1990m, targeting a Pliocene prospect consisting of a turbiditic sand system. The well encountered good quality gas bearing channel sands and an extensive set of wireline log data was acquired over the reservoir section. A multi-rate drill stem test has been completed. The well flowed at rates of u... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-MAKES-SECOND-GAS-DISCOVERY-OFFSHORE-NILE-DELTA-EGYPT/ Wed, 10 Feb 2010 09:16:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-AWARDED-NINE-NEW-BLOCKS-OFFSHORE-NORWAY/ 20% interest in PL359, Block 3/7, in the Southern North Sea with partners Nexen (operator), PetroCanada and RWE. The work programme includes acquisition of 3D seismic and the bid was based on an oil prospect with significant volumes. 30% operating interest PL562, Blocks 6609/5 and 6, in the Norwegian North Sea in the proximity of Dana’s existing acreage. The partnership group (E.ON Ruhrgas,... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/DANA-AWARDED-NINE-NEW-BLOCKS-OFFSHORE-NORWAY/ Fri, 29 Jan 2010 09:16:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2010/OPERATIONAL-UPDATE/ The Group's 2009 full year results are scheduled for release at the end of March 2010. The information contained herein has not been audited and so may be subject to further change and review. Highlights: Completion of acquisition of Bow Valley Energy Secured interest in highly prospective acreage offshore Guinea. Seismic already underway. Average oil and gas production of approximately 38,700... http://www.dana-petroleum.com/Media-centre/Press-releases/2010/OPERATIONAL-UPDATE/ Fri, 29 Jan 2010 09:13:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/RESULTS-OF-SIDETRACK-AT-TORNADO-WEST-OF-SHETLAND-UK-/ OMV, as operator for the licence, has completed the drilling of the sidetrack to the Tornado exploration well. The sidetrack was drilled to a true vertical depth of 8654 feet in the Lamba Formation. The water depth at this location is 1048 metres and the well was drilled by the Stena Carron drillship as a cost sharing endeavour between production licences P.1190 and P.1262. The participants in... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/RESULTS-OF-SIDETRACK-AT-TORNADO-WEST-OF-SHETLAND-UK-/ Wed, 02 Dec 2009 18:57:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2009/INTERIM-MANAGEMENT-STATEMENT-/ Delivery of Exploration Programme: In this reporting period, Dana has drilled four exploration prospects and also drilled appraisal sidetrack wells on two of these discoveries (Tornado and Jetta), with results as follows: Dana’s first well in the West of Shetland area, on the Tornado prospect, was successful and discovered significant volumes of gas and oil. Extensive data gathering was... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/INTERIM-MANAGEMENT-STATEMENT-/ Thu, 19 Nov 2009 18:59:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/OIL-DISCOVERY-IN-JETTA-SIDETRACK-WELL-OFFSHORE-NORWAY-/ ExxonMobil Exploration & Production Norway AS (ExxonMobil), operator of production licence 027 D, is currently concluding the drilling operations on the Jetta wildcat well 25/8-17 and its sidetrack appraisal well 25/8-17 A. Det norske oljeselskap ASA (Det norske) conducted the drilling activity on behalf of ExxonMobil. The wells are located approximately four kilometres south of the Jotun... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/OIL-DISCOVERY-IN-JETTA-SIDETRACK-WELL-OFFSHORE-NORWAY-/ Thu, 12 Nov 2009 18:58:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2009/OIL-DISCOVERY-AT-JETTA-OFFSHORE-NORWAY-/ “Det norske has, together with operator ExxonMobil, and licence partners Dana Petroleum, Bridge Energy and Petoro discovered oil in well 25/8-17, in the Jetta prospect, south of the Jotun field. Oil was proven, but with less reservoir thickness than expected. Data has been gathered in the reservoir zones, including pressure tests and oil samples. The partners have decided to drill a sidetrack... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/OIL-DISCOVERY-AT-JETTA-OFFSHORE-NORWAY-/ Wed, 28 Oct 2009 18:56:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-SIGNS-LETTER-OF-INTENT-FOR-INTEREST-IN-OFFSHORE-GUINEA-/ The LOI positions Dana to acquire a 23% working interest in the Hyperdynamics concession offshore the Republic of Guinea, West Africa. The concession encompasses all of offshore Guinea, a total area of 80,000 square kilometres equivalent to 330 UK blocks. The LOI contemplates Dana and Hyperdynamics signing definitive binding documents no later than 31 December 2009. During this period,... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-SIGNS-LETTER-OF-INTENT-FOR-INTEREST-IN-OFFSHORE-GUINEA-/ Mon, 19 Oct 2009 18:55:00 GMT Corporate Africa http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DISCOVERY-AT-TORNADO-WEST-OF-SHETLAND-UK-AND-DRILLING-UPDATE-/ OMV as operator for the licence has completed the drilling of the Tornado exploration well 204/13-1 located approximately 10km northwest of the Suilven discovery and 30km northwest of the Schiehallion, Foinaven and Loyal producing fields. The well discovered gas and oil in Tertiary reservoir sandstones and extensive data collection is currently underway. The thickness and quality of the reservo... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DISCOVERY-AT-TORNADO-WEST-OF-SHETLAND-UK-AND-DRILLING-UPDATE-/ Wed, 14 Oct 2009 18:54:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2009/RESULTS-OF-TROLLA-EXPLORATION-WELL-NORWAY-/ ‘Det Norske Oljeselskap ASA, operator in production licence 483 S, has concluded the drilling of wildcat well 6609/10-2. The well, which was dry, was drilled in the Helgeland basin, and is located 45 kilometres east of the Norne field and 162 kilometres west of Sandnessjøen. The objective of the well was to prove petroleum in the reservoir rocks in the Lower Jurassic (the Båt group). The well... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/RESULTS-OF-TROLLA-EXPLORATION-WELL-NORWAY-/ Fri, 25 Sep 2009 18:54:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2009/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2009-/ To view or download the complete results please click here Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, reports its interim results for the first half of 2009.   HIGHLIGHTS Bow Valley Acquisition uccessfully completed 30 April 2009 Added interests i... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2009-/ Fri, 28 Aug 2009 18:49:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/FIRST-PRODUCTION-FROM-ETTRICK-OIL-FIELD-/ The Ettrick field development was approved by the UK authorities in July 2006. Six wells were subsequently drilled between March 2007 and March 2009. The field is being produced via the leased “Aoka Mizu” FPSO (floating production, storage and offloading) vessel, which is designed to handle 30,000 barrels of oil per day (bopd) and 35 million cubic feet of gas per day. Over the next few months t... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/FIRST-PRODUCTION-FROM-ETTRICK-OIL-FIELD-/ Tue, 18 Aug 2009 18:48:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-EXPLORATION-DRILLING-UPDATE/ This wildcat exploration well came in broadly in line with prognosis, and Dana was encouraged that indications of gas were obtained during drilling of the primary Ordovician sandstone target. However, cuttings information and wireline log data from the main Ordovician sandstone indicated poor reservoir quality with low porosity. Therefore, the preliminary interpretation of the well data is that... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-EXPLORATION-DRILLING-UPDATE/ Tue, 04 Aug 2009 18:42:00 GMT Africa http://www.dana-petroleum.com/Media-centre/Press-releases/2009/ANNUAL-GENERAL-MEETING-STATEMENT-/ Commenting on the significant progress and activities of the Company, the board of directors released the following statement: “2008 was another excellent year for Dana, with the Company continuing its successful track record of year-on-year growth. The highlights of 2008 included a number of exploration successes in the UK and Egypt, resulting in an outstanding reserves replacement ratio of... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/ANNUAL-GENERAL-MEETING-STATEMENT-/ Mon, 01 Jun 2009 18:41:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/RESULTS-OF-EITRI-EXPLORATION-WELL-NORWAY-/ ‘ExxonMobil Exploration & Production Norway AS (ExxonMobil), operator of production licence 027 D, has concluded the drilling of wildcat well 25/8-16 S and appraisal well 25/8-16 A. Det norske oljeselskap ASA (Det norske) carried out the drilling operations on behalf of ExxonMobil. The wells are located approximately 6 kilometres southeast of the Jotun field in the North Sea. The primary... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/RESULTS-OF-EITRI-EXPLORATION-WELL-NORWAY-/ Fri, 22 May 2009 18:30:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-INTERIM-MANAGEMENT-STATEMENT-/ HIGHLIGHTS Significant Portfolio Growth: Dana successfully completed the acquisition of Bow Valley Energy on 30 April 2009. The assets acquired are an excellent fit, and effective from 1 May 2009 they add to Dana interests in four producing oil fields in one of the Company’s core areas, the UK Central North Sea, with a fifth project, the Ettrick oil field development, now expected onstream in... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-INTERIM-MANAGEMENT-STATEMENT-/ Tue, 19 May 2009 18:29:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-COMPLETES-ACQUISITION-OF-BOW-VALLEY-ENERGY-/ Dana is today pleased to announce the completion of the Arrangement. Under the terms of the Arrangement, Dana has acquired all of the issued and outstanding common shares of Bow Valley. 30 April, 2009  For further information please contact: Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 Nick Elwes College Hill Associates 020 7457 2020 http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-COMPLETES-ACQUISITION-OF-BOW-VALLEY-ENERGY-/ Thu, 30 Apr 2009 18:28:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-RECEIVES-BOW-VALLEY-SHAREHOLDER-APPROVAL-FOR-THE-ACQUISITION-OF-BOW-VALLEY-/ For further information please contact: Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 Nick Elwes College Hill Associates 020 7457 2020 http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-RECEIVES-BOW-VALLEY-SHAREHOLDER-APPROVAL-FOR-THE-ACQUISITION-OF-BOW-VALLEY-/ Thu, 09 Apr 2009 18:27:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-MAKES-GAS-DISCOVERY-OFFSHORE-MOROCCO-AND-ACCELERATES-EXPLORATION-DRILLING-PROGRAMME-/ Morocco Dana Petroleum plc is pleased to announce that the Bow Valley shareholders have today approved the arrangement under the Business Corporations Act (Alberta) pursuant to which Dana Petroleum (E&P) Limited, a subsidiary of Dana Petroleum plc, will acquire all of the outstanding common shares of Bow Valley. Provided all of the other conditions to the completion of the arrangement are... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-MAKES-GAS-DISCOVERY-OFFSHORE-MOROCCO-AND-ACCELERATES-EXPLORATION-DRILLING-PROGRAMME-/ Mon, 30 Mar 2009 18:26:00 GMT Africa http://www.dana-petroleum.com/Media-centre/Press-releases/2009/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2008-/ HIGHLIGHTS Record Production and Financial Performance: Delivered record oil and gas production of approximately 39,400 boepd in 2008, up 29% (2007: 30,514 boepd) Achieved first oil production from the Grouse field development Revenue increased by 66%, to a new record high of £518.0 million (2007: £311.5 million) Pre-tax profit rose 34% to £191.4 million (2007: £143.1 million) Earnings per shar... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2008-/ Mon, 30 Mar 2009 18:24:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-DISCOVERS-THIRD-OIL-FIELD-IN-RINNES-AREA-/ The Dana operated South East Rinnes well, 210/24a-12, in which the Company has a 64.8% equity interest, was drilled to a total measured depth of 7,310 feet (6,546 feet true vertical depth subsea). A comprehensive set of wireline log data was acquired including pressure measurements and oil samples. The well targeted the Lower Brent reservoir sequence in a separate, untested structure between th... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-DISCOVERS-THIRD-OIL-FIELD-IN-RINNES-AREA-/ Tue, 24 Feb 2009 18:23:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-ANNOUNCES-ACQUISITION-OF-BOW-VALLEY-ENERGY-/ (All figures are in Canadian dollars unless noted otherwise) Dana Petroleum plc is pleased to announce that it has entered into an agreement (the “Arrangement Agreement”) with Bow Valley Energy Ltd. (“Bow Valley”) that provides for the acquisition of Bow Valley by Dana pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the “Arrangement”). Pursuant to the Arrangemen... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/DANA-ANNOUNCES-ACQUISITION-OF-BOW-VALLEY-ENERGY-/ Mon, 16 Feb 2009 18:22:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/OPERATIONAL-UPDATE/ The Group's 2008 full year results are scheduled for release at the end of March 2009. The information contained herein has not been audited and so may be subject to further change and review. Highlights Record average oil and gas production of approximately 39,400 boepd delivered in 2008, a 29% growth over the previous year Achieved first oil production from the Grouse development in December... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/OPERATIONAL-UPDATE/ Fri, 06 Feb 2009 18:21:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2009/GAS-AND-CONDENSATE-DISCOVERY-AT-FULLA-NORWAY-/ The well discovered gas and condensate in Middle Jurassic reservoir sandstones in the Lower Brent group and extensive data collection and core sampling has been performed. The well has proven recoverable volumes in the range of 6-19 million barrels of oil equivalent. Given this success, a delineation well is being planned to prove additional hydrocarbons in the Upper Brent group. A successful... http://www.dana-petroleum.com/Media-centre/Press-releases/2009/GAS-AND-CONDENSATE-DISCOVERY-AT-FULLA-NORWAY-/ Thu, 05 Feb 2009 18:20:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2008/FIRST-OIL-FLOWS-FROM-GROUSE-FIELD-IN-THE-UK/ The Grouse field is situated in the UK’s Central North Sea, in Block 21/19, and has been developed via a subsea production well tied back to the Dana/Venture owned Kittiwake platform, the production hub for the Greater Kittiwake Area (“GKA”) operations. Initial field productivity is in line with expectations at around 10,000 barrels of oil equivalent per day (“boepd”), yielding approximately... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/FIRST-OIL-FLOWS-FROM-GROUSE-FIELD-IN-THE-UK/ Mon, 29 Dec 2008 17:56:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-AWARDED-EIGHT-NEW-BLOCKS-OFFSHORE-NORWAY/ Dana’s new licence areas are as follows; PL 494 Block 2/9 40% interest with Dana as Operator PL 497 Blocks 7/7, 7/8 and 7/11 25% interest (Det Norske Operator) PL 504 Block 25/7 38.5% interest (Det Norske Operator) PL 513 Blocks 6506/6, 6507/1 and 6507/4 50% interest (Maersk Operator) The first three licences are situated in the North Sea and the fourth licence (PL 513) is in the Norwegian Sea.... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-AWARDED-EIGHT-NEW-BLOCKS-OFFSHORE-NORWAY/ Tue, 23 Dec 2008 17:55:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2008/EGYPT-EXPLORATION-DRILLING-UPDATE/ The well was drilled to a total depth of 13,322 feet below sea-level, penetrating both the primary and secondary targets. The top of the secondary Thebes target was encountered at 11,704 feet below sea-level and the primary Nubia target was encountered at 13,087 feet. A full suite of electrical wireline logs has been acquired, including the use of a formation imaging tool. Although the Nubia wa... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/EGYPT-EXPLORATION-DRILLING-UPDATE/ Thu, 18 Dec 2008 17:54:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-INTERIM-MANAGEMENT-STATEMENT1/ HIGHLIGHTS Delivery of Exploration Programme: During this reporting period, Dana has continued to explore the East Beni Suef concession, onshore Egypt, and has made 2 oil discoveries, with wells at Gharibon-2x and Tareef-1x. Permitting and tie-in work is already underway to bring these new discoveries onstream in the coming months. The Company is currently drilling two offshore exploration well... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-INTERIM-MANAGEMENT-STATEMENT1/ Wed, 19 Nov 2008 17:51:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-AWARDED-29-NEW-UK-OFFSHORE-BLOCKS/ Dana’s first licence award covers 3 blocks in the important Rinnes oil area of the Northern North Sea where Dana will hold a 100% interest. The work programme consists of obtaining and reprocessing seismic data with a well contingent on the results of this work. This award is in a key growth area for Dana following the success of the West Rinnes and East Rinnes oil discoveries earlier in 2008.... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-AWARDED-29-NEW-UK-OFFSHORE-BLOCKS/ Fri, 14 Nov 2008 17:50:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2008/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2008/ To view or download the complete results please click here Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, reports its interim results for the first half of 2008. HIGHLIGHTS Record Levels of Production, Profits and Cashflow Record first half production... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2008/ Fri, 29 Aug 2008 17:48:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2008/ANNUAL-GENERAL-MEETING-STATEMENT/ Commenting on the substantial progress and activities of the Company, the board of directors released the following statement: “2007 was another excellent year for Dana, continuing its successful track record of year-on-year growth. The highlights of 2007 included the completion of two major acquisitions in Egypt and Norway, an outstanding reserves replacement ratio of 316%, record oil and gas... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/ANNUAL-GENERAL-MEETING-STATEMENT/ Thu, 24 Jul 2008 17:45:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2008/NEW-ASSET-DEAL-IN-NORWAY--EXPLORATION-UPDATE/ Dana’s wholly owned subsidiary Dana Petroleum Norway AS has entered into swap arrangements with Det norske in respect of a number of assets on the Norwegian Continental Shelf. The agreements are subject to standard co-venturer and governmental approvals. Dana will acquire from Det norske a 25% interest in PL450 and also 10% interests in both PL035B and PL362 in exchange for a 10% interest in... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/NEW-ASSET-DEAL-IN-NORWAY--EXPLORATION-UPDATE/ Mon, 23 Jun 2008 17:44:00 GMT UK Egypt Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-MAKES-SIGNIFICANT-GAS-DISCOVERY-IN-EGYPT/ The WEB-1X well is the first drilled by the Dana Petroleum and Gaz de France partnership at the West El Burullus (“WEB”) production sharing contract area within the prolific Nile Delta region, in the Mediterranean Sea offshore Egypt. Dana holds a 50% interest in the discovery and licence area, which contains numerous additional prospects at both shallow and deeper horizons. Gaz de France also... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-MAKES-SIGNIFICANT-GAS-DISCOVERY-IN-EGYPT/ Mon, 02 Jun 2008 17:44:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-STRIKES-SIXTH-DEAL-IN-EGYPT/ This latest deal, which is subject to normal regulatory approvals, secures attractive new prospects for drilling in a core area for Dana and builds upon the five transactions the Company has already completed in Egypt. Dana will operate the next well in the SE July PSC using the InterOcean-III jack-up drilling rig, which has just begun working for Dana in the Gulf of Suez. Dana has contracted t... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-STRIKES-SIXTH-DEAL-IN-EGYPT/ Tue, 20 May 2008 17:42:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-INTERIM-MANAGEMENT-STATEMENT/ HIGHLIGHTS Delivery of Exploration Programme: Four wells drilled in the period, namely the significant oil discoveries at West Rinnes and East Rinnes in the UK Northern North Sea, the sub-commercial oil discovery at Morgan in the UK Central North Sea and a dry well at Bjorn in Norway West Rinnes and East Rinnes proved good quality Brent reservoir sands, excellent quality oil and high flow rates... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-INTERIM-MANAGEMENT-STATEMENT/ Fri, 16 May 2008 17:40:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-MAKES-OIL-DISCOVERY-AT-EAST-RINNES/ On 23rd April 2008 the Company reported finding the West Rinnes oil accumulation, just 5 kilometres from the Dana operated Hudson producing oil field and 2.5 kilometres from the Company’s Melville oil field. East Rinnes therefore becomes the fourth oil field now under Dana’s operatorship in this prolific area of the Northern North Sea. The East Rinnes discovery well, 210/24a-11z, was drilled to... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-MAKES-OIL-DISCOVERY-AT-EAST-RINNES/ Mon, 12 May 2008 17:40:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2008/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2007/ HIGHLIGHTS Strong Growth in Oil and Gas Reserves Proven and probable reserves increased to 165.8 mmboe at end of 2007 (2006: 130.6 mmboe) Oil and gas reserve additions represent a reserves replacement ratio of 316% for the year   Record Production and Cashflow Delivered record oil and gas production of 30,514 boepd in 2007, up 37% (2006: 22,285 boepd) Production capacity increased strongly duri... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2007/ Wed, 30 Apr 2008 16:56:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2008/BABBAGE-GAS-FIELD-DEVELOPMENT-APPROVED/ The field will be developed using 3 wells initially, with the option to drill a further 2 wells after first gas, across a newly built platform. The gas will be transported to West Sole and onwards to the Dimlington terminal on Humberside. First gas is planned for early 2010. Dana has also recently approved two further new field developments. Firstly, the Grouse oil field (Dana 50%) in the Great... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/BABBAGE-GAS-FIELD-DEVELOPMENT-APPROVED/ Wed, 23 Apr 2008 17:03:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2008/OIL-DISCOVERY-AT-WEST-RINNES/ The Dana operated Rinnes well, 210/24a-11 has been drilled to a total measured depth of 6,470 feet (5,870 true vertical depth subsea) and encountered a full Brent reservoir sequence. A comprehensive set of wireline log data has been acquired including pressure data and oil samples. The well found excellent quality sands throughout the Brent sequence. The Company has now successfully completed a... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/OIL-DISCOVERY-AT-WEST-RINNES/ Wed, 23 Apr 2008 16:56:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2008/OPERATIONAL-UPDATE/ The Group's 2007 full year results are scheduled for release at the end of April 2008. The information contained herein has not been audited and so may be subject to further change and review. Highlights:   Record average oil and gas production of approximately 30,500 boepd delivered in 2007  Production capacity increased strongly during 2007, with a year end exit rate in excess of 45,000 boepd... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/OPERATIONAL-UPDATE/ Thu, 28 Feb 2008 16:55:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-AWARDED-NEW-LICENCES-ACROSS-7-BLOCKS-OFFSHORE-NORWAY/ The awards to Dana Norway are as follows: Licence Blocks Partner Companies and Working Interests PL 464 31/3 and 32/1 Dana Petroleum Norway AS (Operator, 55%) E.ON Ruhrgas Norge AS (45%) PL 484 6608/10 Dana Petroleum Norway AS (30%) Norwegian Energy Company ASA (Operator, 40%) E.ON Ruhrgas Norge AS (30%) PL 485 6508/3, 6608/12 6609/10 and 11 Dana Petroleum Norway AS (30%) Det Norske Oljeselskap... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-AWARDED-NEW-LICENCES-ACROSS-7-BLOCKS-OFFSHORE-NORWAY/ Tue, 12 Feb 2008 16:54:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-PRE-QUALIFIES-AS-OPERATOR-IN-NORWAY/ Dana Norway is headquartered in Oslo and performs all the Group’s activities on the NCS. This includes oil production from the Jotun Field and exploration activities across the NCS, where it currently holds six licence interests. In late 2007, Dana Norway made two oil discoveries at Storskrymten with its first exploration well offshore Norway. Its second exploration well is currently being... http://www.dana-petroleum.com/Media-centre/Press-releases/2008/DANA-PRE-QUALIFIES-AS-OPERATOR-IN-NORWAY/ Fri, 01 Feb 2008 16:53:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2007/OIL-DISCOVERY-AT-KERLOCH-AND-EXPLORATION-DRILLING-UPDATE/ The Dana operated Kerloch well, 211/22a-10 was drilled to a total depth (TD) of 12,282 feet and encountered a full Brent reservoir sequence, as predicted prior to drilling. The top of the Brent sandstone section came in approximately 60 feet high to prognosis. The majority of the Brent sequence was successfully cored and extensive electric wireline logging operations are now ongoing and nearing... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/OIL-DISCOVERY-AT-KERLOCH-AND-EXPLORATION-DRILLING-UPDATE/ Fri, 21 Dec 2007 16:47:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2007/FIRST-OIL-EXPORT-THROUGH-THE-NEW-KITTIWAKE-TO-FORTIES-PIPELINE/ The new 10 inch, 33km pipeline linking the Kittiwake platform to BP’s Unity platform has the capacity to flow up to 40,000 barrels of oil per day (“bopd”) and will deliver oil production from all the fields in the Greater Kittiwake Area (“GKA”) in the UK Central North Sea. Replacing the existing shuttle tanker and loading buoy system for oil export, the new pipeline is expected to substantially... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/FIRST-OIL-EXPORT-THROUGH-THE-NEW-KITTIWAKE-TO-FORTIES-PIPELINE/ Fri, 23 Nov 2007 16:46:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-SECOND-OIL-DISCOVERY-AT-STORSKRYMTEN-NORWAY/ 20 November 2007  For further information please contact: Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 Stuart Paton, Technical & Commercial Director Dana Petroleum plc 01224 652400 Nick Elwes College Hill Associates 020 7457 2020   “DNO ASA (Pertra ASA), Operator for PL337 has completed the drilling of exploration well 15/12-18S and the sidetrack 15/12-18A in the North Sea between... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-SECOND-OIL-DISCOVERY-AT-STORSKRYMTEN-NORWAY/ Tue, 20 Nov 2007 16:45:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2007/SUCCESSFUL-APPRAISAL-AND-DEVELOPMENT-WELL-AT-GROUSE-OIL-FIELD/ Grouse was first discovered in 1981 by the 21/19-1a well. Subsequent work justified drilling a horizontal well to target better quality, thicker reservoir sands to the southwest of the discovery well. This well was spudded by the Noble TVL semi-submersible rig in late August and has now been successfully completed. Stabilised flow rates in excess of the pre-drill expectations were achieved. The... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/SUCCESSFUL-APPRAISAL-AND-DEVELOPMENT-WELL-AT-GROUSE-OIL-FIELD/ Mon, 19 Nov 2007 16:43:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-COMPLETES-STRATEGIC-ACQUISITION-IN-EGYPT/ The purchase price at the effective date of 1 January 2007 is $375 million. In addition to receiving the oil and gas production and exploration assets of Devon Egypt, Dana will also gain approximately $67 million of working capital in Devon Egypt as at the effective date. Tom Cross, Dana’s Chief Executive, commented: “This deal delivers a significant reserves and production growth step for Dana... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-COMPLETES-STRATEGIC-ACQUISITION-IN-EGYPT/ Mon, 08 Oct 2007 16:42:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-OIL-DISCOVERY-WITH-FIRST-WELL-IN-NORWAY/ For further information please contact: Tom Cross, Chief Executive Dana Petroleum plc 01224 652400 Stuart Paton, Technical & Commercial Director Dana Petroleum plc 01224 652400 Nick Elwes College Hill Associates 020 7457 2020 PERTRA DISCOVERED OIL IN STORSKRYMTEN The Norwegian Petroleum Directorate has announced that Pertra ASA, Operator of Production License 337, has discovered oil in Paleocen... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-OIL-DISCOVERY-WITH-FIRST-WELL-IN-NORWAY/ Thu, 27 Sep 2007 16:41:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2007/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2007/ HIGHLIGHTS Strong Growth in Production and Record Profits   Record first half production of 25,830 boepd up 40% Group production capacity expected to grow to over 45,000 boepd by end 2007 Turnover increased by 25% to a record high of £109.1 million Record Pre-tax Profit of £55.8 million up 29%, leading to Earnings Per Share of 31.8p   Significant Increase in Financial Capability   Strong Cash... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/INTERIM-RESULTS-FOR-THE-SIX-MONTHS-ENDED-30-JUNE-2007/ Thu, 27 Sep 2007 16:38:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2007/ANNUAL-GENERAL-MEETING-STATEMENT/ Commenting on the progress and activities of the Company, Chairman Colin Goodall released the following statement: “Dana delivered another year of excellent performance in 2006, continuing its successful track record of year-on-year growth. Highlights included an outstanding reserves replacement ratio of 336%, record oil and gas production and strong financial results. The Group completed the... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/ANNUAL-GENERAL-MEETING-STATEMENT/ Wed, 25 Jul 2007 16:34:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2007/CAVENDISH-GAS-FIELD-BEGINS-PRODUCTION/ The Cavendish field was discovered in 1989 and development sanction was granted in 2005. The development consists of a 6-slot minimum facilities fixed platform which is tied back to the Murdoch platform, part of the Caister Murdoch System operated by ConocoPhillips, via 47 kms of newly laid pipeline. Gas is then transported onward to the Theddlethorpe Gas Terminal in the UK. Commenting on the... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/CAVENDISH-GAS-FIELD-BEGINS-PRODUCTION/ Wed, 04 Jul 2007 16:30:00 GMT UK http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-STRATEGIC-ACQUISITION-IN-NORWAY/ In addition, Dana has entered into conditional share acquisition agreements for the purchase of certain existing shares in Ener, all at a price per share of NOK 220 payable in cash. Upon completion of these transactions, Dana will control approximately 93.7% of the total shares in Ener, which will then become the Norwegian subsidiary of Dana. Once Dana has reached 100% shareholding in Ener, the... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-STRATEGIC-ACQUISITION-IN-NORWAY/ Tue, 12 Jun 2007 16:29:00 GMT Norway http://www.dana-petroleum.com/Media-centre/Press-releases/2007/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2006/ HIGHLIGHTS Strong Growth in Oil and Gas Reserves   Proven and probable reserves increased to 130.6 million barrels of oil equivalent at end 2006 (2005: 111.5 million barrels) Oil and gas reserve additions represent a reserves replacement of 336% for the year Record Production and Cashflow   Record average oil and gas production of 22,285 boepd up 13% (2005: 19,683 boepd) Production capacity... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/PRELIMINARY-RESULTS-FOR-THE-YEAR-ENDED-31-DECEMBER-2006/ Mon, 30 Apr 2007 16:28:00 GMT Corporate http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-STRATEGIC-ACQUISITION-IN-EGYPT/ The purchase price at the effective date of 1 January 2007 is $375 million.  In addition to receiving the oil and gas production and exploration assets of Devon Egypt, Dana will also gain approximately $67 million of working capital in Devon Egypt as at the effective date. Dana will pay the net consideration of approximately $308 million in cash (as adjusted at completion for ongoing 2007... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/DANA-MAKES-STRATEGIC-ACQUISITION-IN-EGYPT/ Wed, 18 Apr 2007 16:27:00 GMT Egypt http://www.dana-petroleum.com/Media-centre/Press-releases/2007/pre-close/ Highlights:   Record average oil and gas production of approximately 22,300 boepd delivered in 2006  Production capacity increased strongly during 2006 to a new high of 30,000 boepd at year-end Currently producing from 13 North Sea oil and gas fields   Agreed multi-asset deals with Gaz de France across the UK, Egypt, Mauritania and Norway  Net funds of  approximately £110 million at end 2006 ... http://www.dana-petroleum.com/Media-centre/Press-releases/2007/pre-close/ Tue, 27 Feb 2007 16:19:00 GMT Corporate