Middle East Economic Survey

VOL. LI

No 14

7-April-2008

EGYPT

Dana Gas To Drill 19 New Wells In Egypt This Year

Dana Gas has unveiled an aggressive exploration and development program on its Egyptian assets, announcing on 30 March that its plans to drill 19 new wells this year, with an upstream capital expenditure of more than $170mn. The Sharjah-based companys Egypt director, Hani al-Sharkawi, told MEES that the 2008 exploration and development program could potentially add 0.5 trillion cu ft to...