Dana Gas: Record 2013 Production in Egypt
remains unaffected Total investments in Egypt exceeds US$1.8 billion Ongoing discussions with regulatory authorities to improve receivables, increase capital expenditure and enhance production Dana Gas PJSC, one of Middle East's leading regional private sector natural gas company, announces that it has achieved record production in 2013 in Egypt of 39,000 barrels of oil equivalent per day, including 190 mmscfd of gas and 8,500 barrels of liquids per day. The Company has made substantial capital expenditure investments to its Nile Delta operations
Dana Gas Strike Rich in Nile Delta
Dana Gas PJSC, the Middle East's first & largest regional private sector natural gas company, discover gas on the West El Manzala concession in the Nile Delta, Egypt. The Begonia-1 discovery well encountered 15 m of net pay in a good quality sandstone reservoir of the Lower Abu Madi Formation. On test the formation produced 9.4 Million standard cubic feet of gas with 133 barrel condensate. The evaluated resources for the Abu Madi Lower pay zone are between 7 and 15 billion cubic feet (bcf) and around 100,000 barrels of condensate. A notification of commercial discovery has been made to the