Press Release

23 November 2007

DANA PETROLEUM PLC
("DANA", "THE COMPANY", OR "THE GROUP")

FIRST OIL EXPORT THROUGH THE NEW KITTIWAKE TO FORTIES PIPELINE

Dana today announces that the new export pipeline linking the Kittiwake platform to the Forties Pipeline System (“FPS”) has been successfully completed and is now fully operational.

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 improve operational uptime, lower overall operating costs and allow GKA field lives to be extended.  Volumes exported through the pipeline include current production from the existing Kittiwake, Mallard, Gadwall and Goosander fields as well as potential production from the Grouse field where an appraisal and development well has recently been successfully drilled and flow tested.  In addition, as yet undeveloped discoveries including the Christian, Bligh, Whinchat and Wagtail fields and other exploration prospects may also benefit from the new export route.

Commenting on the news, Tom Cross, Dana’s Chief Executive said:

“The delivery of this project represents a major step forward for this Central North Sea production hub. The new pipeline will deliver significant additional value to the GKA owners and demonstrates their commitment to extending the producing life of this area.”

23 November 2007

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Notes to Editors:

1. Dana completed the acquisition of a 50% stake in the Greater Kittiwake in November 2003, with Venture Production plc (“Venture”) purchasing the remaining 50% of the field interests as part of the same transaction.  Since then Dana and Venture have made significant investments to further develop the established Kittiwake and Mallard oil fields and to bring the Gadwall and Goosander oil fields on stream.
    
2. An appraisal well on the Grouse oil field has recently been successfully drilled and tested, and the well has been retained for use as a future producer. Development studies are ongoing for the Christian and Bligh discoveries, both of which came from follow-on acquisitions.
   
   
3. Dana is participating in the forthcoming Morgan exploration well (Dana 35%) which is situated immediately to the north-east of the GKA.
   
   
4. The GKA Pipeline is a 33 km long, 10 inch oil pipeline from the Kittiwake platform to the Forties Pipeline System with the connection point at BP's Unity platform. 
   
   
5. Prior to the commissioning of the new pipeline, oil produced from the GKA fields was exported to the point of sale via storage and shuttle tankers.  This oil is now exported to BP’s Unity platform and subsequently flows into the Forties Pipeline System.