Dana Petroleum Company News
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Independents Go Big in North Sea
Wednesday, January 03, 2018 While some majors are still involved in the North Sea, notably Statoil, the age of the independents is clearly on the ascendancy.
Dana Petroleum Raises Concerns Over EnQuest North Sea Discovery
Tuesday, July 05, 2016 Dana Petroleum Limited has raised concerns over EnQuest's recently drilled Eagle exploration well in the central North Sea.
SDX Energy Quits Cameroon Concession In 'Sensible' Move
Thursday, June 16, 2016 SDX Energy announces its withdrawal from the Bakassi West concession in Cameroon, following the completion of drilling activities on the Manatee-1X well.
Denmark Issues 16 Oil, Gas Licenses
Wednesday, April 06, 2016 Denmark issues 16 oil and gas exploration licenses in the North Sea, just days after A.P. Moller-Maersk threatens to shut down the country's main gas field.
Hyperdyamics Reveals Impasse in Plans to Drill Exploration Block Off Guinea
Wednesday, January 06, 2016 Hypernamics Corp. reveals an impasse in plans to resume exploration drilling in a block offshore Guinea.
Premier Oil Comes Up Dry in North Sea Well
Thursday, September 03, 2015 Premier Oil Norge, the operator of production license 539, has come up dry in exploration well 3/7-10 S in the southern section of the North Sea.
Technip Wins Subsea Contract for Triton FPSO
Tuesday, April 14, 2015 Technip wins a brownfield subsea contract from Dana Petroleum for its Triton floating production, storage and offloading vessel in the North Sea.
Dana, Crescent Celebrate 5 Years Continuous Production in Kurdistan
Tuesday, October 08, 2013 Dana Gas and Crescent Petroleum celebrate five years of continuous production in the Kurdistan Region of Iraq.
Hansa Farms-In to UK North Sea Licenses
Wednesday, September 11, 2013 Hansa Hydrocarbons Limited and Dana Petroleum join forces in licenses situated in the UK sector of the North Sea.
Dana Petroleum Lays Western Isles Keel
Tuesday, May 28, 2013 The keel-laying of the FPSO marks a major milestone for Dana's Western Isles project.
Dana Gas, Eni Receive Blocks in Mediterranean
Monday, April 22, 2013 Dana Gas and Eni announce successful bids in the Egyptian Natural Gas Holding Company 2012 International Bid Round.
North Sea's Magnolia Prospect Comes Up Dry
Wednesday, March 20, 2013 UK North Sea-focused Trapoil reports that its Magnolia exploration prospect on license P1610, Block 13/23a has come up dry.
Dana Kicks Off Magnolia Ops in North Sea
Monday, February 25, 2013 Trapoil announced that operations have commenced at the Dana-operated Magnolia (Licence P.1610, Block 13/23a) exploration prospect.
First Oil Produced from Cormorant East
Monday, January 14, 2013 TAQA achieves first oil production from its North Sea Cormorant East field just 85 days after discovering the field.
Subsea 7 Wins EPIC Contract for Western Isles Development
Friday, January 04, 2013 Subsea 7 wins EPIC contract from Dana Petroleum for Dana's Western Isles development project, offshore Scotland.
Hyperdyanmics Completes Offshore Guinea Sale
Monday, December 31, 2012 Hyperdynamics' wholly owned subsidiary SCS Corporation Ltd. has completed the previously announced sale of a 40 percent gross interest in the company's oil and gas exploration concession offshore Guinea.
Dana Petroleum Gets Go Ahead to Develop Western Isles Project
Monday, December 17, 2012 At an estimated cost of $1.6B, Dana Petroleum receives approval from the Department of Energy and Climate Change to develop two fields in the North Sea.
TAQA Bratani's North Sea Contender Well Hits Oil
Monday, October 22, 2012 Contender partners report that the Contender well has found 60 feet of net oil pay.
Dana Adds to Stake in Bittern
Monday, October 01, 2012 Dana Petroleum recently announced it has taken over operatorship of the Triton FPSO from Hess.
North Sea's Contender Well Spuds
Friday, August 24, 2012 Contender well is being drilled by TAQA and is targeting the Jurassic Brent sequence.
Dana Touts Flow Rates from Platypus Appraisal
Thursday, August 02, 2012 Dana Petroleum announced strong results from its Platypus gas appraisal well in the Southern North Sea.
Dana Charges Ahead with Western Isles Development
Friday, July 13, 2012 Dana Petroleum has entered the detailed engineering design phase on the $1.5 billion Western Isles development project in the UK North Sea.
Dana Spuds Platypus Appraisal in North Sea
Tuesday, April 17, 2012 The Platypus gas field appraisal well has begun drilling in the UK Southern North Sea.
Dana Awarded Additional NCS Blocks
Friday, January 20, 2012 Dana Petroleum Norway AS ('Dana') has secured five licenses in the 2011 APA licensing round on the Norwegian Continental Shelf (NCS).
Dana Scores N. Sea Blocks in Licensing Round
Friday, January 06, 2012 Dana in a 50/50 partnership with Sorgenia E&P (UK) Ltd has secured blocks 42/27, 47/2b (split) and 47/3g (split) in the UK Southern North Sea.
Hyperdynamics Resumes Drilling Sabu-1 Exploration Well
Wednesday, December 28, 2011 Hyperdynamics resumes drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa.
Aker Solutions Clinches Subsea Contract
Thursday, November 17, 2011 Aker Solutions is to manufacture and deliver a number of subsea control modules and topside power units as part of a contract with Dana Petroleum.
Dana Discovers Gas Offshore Mauritania
Monday, January 10, 2011 Stabilized gas flow rates of between 22 and 24 MMscfpd were obtained during a test of one of the four separate gas columns encountered by the Cormoran-1 well.
Nefertiti Bestows Bounty to Dana
Friday, December 03, 2010 Dana encounters oil at its Nefertiti prospect in the South October production sharing area offshore Egypt.
Dana CEO to Step Down following KNOC Acquisition
Wednesday, October 20, 2010 Dana reported that Mr. Tom Cross, Chief Executive Officer of the Company, has tendered his resignation.
Dana Shuffles Management
Tuesday, October 12, 2010 Dana reported the following resignations and appointments of directors of the Company.
KNOC Declares Dana Offer Unconditional
Friday, September 24, 2010 KNOC said it controls a majority stake in Dana and declared its 1800 pence-a-share takeover offer for the co. wholly unconditional.
Dana Gets Go-Ahead for Offshore Netherlands Project
Wednesday, September 22, 2010 Dana announced that the Medway integrated oil and gas development, operated by Dana Petroleum Netherlands, has received project sanction.D
Dana Commences Drilling Offshore Mauritania
Monday, September 20, 2010 Dana started drilling at the Cormoran-1 exploration well at 2000 hours (Mauritania time) on September 18 using semisub Maersk Deliverer.
Dana Says KNOC Offer Undervalues Company
Wednesday, September 08, 2010 Shares in Dana held their position marginally above a hostile bid by KNOC after Dana said the offer significantly undervalues the company.
Dana Acquires UK Assets from Petro-Canada
Wednesday, September 08, 2010 Dana has entered into an agreement to acquire Petro-Canada UK's interests in certain UK assets for approximately $372 million.
Dana Finishes Strong in 1H10
Friday, August 27, 2010 "Dana performed very strongly in the first half. We have delivered interim profits which are in excess of full year 2009, we have also grown reserves by 54MM barrels of oil equivalent through new discoveries and via acquisition," said Tom Cross.
KNOC Makes $2.9B Hostile Bid for Dana
Friday, August 20, 2010 Korea National Oil has secured support from investors for 48.62% of Dana's shares and is taking its bid directly to Dana shareholders.
Dana's Blackbird Flow Rates Soar in UK North Sea
Tuesday, August 10, 2010 Dana Petroleum reported the successful flow testing of the recently drilled appraisal well at the Blackbird oil field, in the North Sea.
Dana Discovers New Oil Field in Egypt
Friday, July 30, 2010 Dana announced that the Fin-1X exploration well has discovered a new oil field, in the Gulf of Suez, in Egypt.
Dana Increases Stakes Offshore Egypt
Wednesday, July 21, 2010 Dana Petroleum has signed an agreement with BG to acquire a 50% interest in the El Manzala Offshore Area Concession.
Dana Anticipates 'Busy' Exploration Schedule
Friday, July 16, 2010 The Blackbird 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.
Oil Struck at Blackbird Oil Field
Wednesday, July 14, 2010 Dana Petroleum announced the successful appraisal of the Blackbird oil field in the UK Central North Sea.
Dana: Double Oil Discoveries in Egypt
Thursday, June 24, 2010 Dana Petroleum makes two oil discoveries onshore Egypt at its Lorcan-1x and Fayoum-2x wells. Lorcan's proximity to Dana's East Zeit oil production base makes this find an extremely attractive development opportunity.
Dana to Take Stakes in Suncor
Monday, June 14, 2010 Dana has entered into an agreement to acquire the entire issued share capital of Petro Canada Netherlands BV, a wholly owned subsidiary of Suncor.
Dana Spotlights 1Q10 Ops
Tuesday, May 18, 2010 Dana issued its Interim Management Statement for the period to May 18, 2010.
Dana Updates on International Exploration
Monday, May 10, 2010 Dana is currently well advanced in the drilling of both the Bamboo prospect offshore in the Nile delta, Egypt (Dana 50% interest) and the Lorcan exploration well in the North Zeit Bay concession in the Gulf of Suez, Egypt (Dana 100%).
Dana Hits Paydirt at Platypus Prospect
Thursday, April 15, 2010 Dana has made a significant gas discovery at the Platypus prospect in the UK Southern North Sea.
Sea Dragon Fires Up Financing for Egyptian Acquisition
Friday, March 26, 2010 Sea Dragon will increase the size of its share offering for gross proceeds of approximately $57 million.
Dana Petroleum Gears Up for 17-Well Drilling Program
Thursday, February 25, 2010 Dana plans to drill 17 exploration wells in total during 2010, the targets of which could add oil and gas reserves equivalent to approximately 40% of Dana's current booked reserves, on a risked basis.