Dana Prequalifies as Operator in Norway

Dana Petroleum is pleased to announce that the Norwegian Ministry of Petroleum and Energy has pre-qualified Dana's wholly owned subsidiary, Dana Petroleum Norway AS ('Dana Norway'), as an Operator on the Norwegian Continental Shelf.

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 drilled, targeting the Bjorn prospect, and results from this well are expected during February 2008.

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