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Dana Gas production in Egypt up 20 pct from 2008 avg

Dana Gas production in Egypt up 20 pct from 2008 avg

Write: Whittaker [2011-05-20]
DUBAI, May 11 - Abu Dhabi-listed Dana Gas's DANA.AD production levels in Egypt has risen 20 percent over the annual average achieved last year, the company said in a statement on Sunday.

Total gas production in Egypt was currently at 35,000 barrels of oil equivalent per day (boepd), the company said.

Dana said it was also aiming to produce around 40,000 boepd by the end of the year, up more than 25 percent since the end of 2008.