0
 

Egypt: Dana Gas asset sales


Issue 426 - 05 Nov 2020

The UAE’s Dana Gas said on 25 October it had agreed to sell its onshore Egyptian producing oil and gas assets to IPR Energy Group subsidiary IPR Wastani Petroleum Ltd for up to $236m. The transaction includes Dana’s 100% working interests in the El Manzala, West El Manzala, West El Qantara and North El Salhiya onshore concessions and associated development leases. In H1 2020, the licences produced 30,950 boe/d and contributed $38m to the company’s EBITDA.

Want to read more?

Small article

£4

(Access to one 100-400 word article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register

Need help?

A member of our team will be pleased to assist you

Sales – Alex Wark

Support – Tara Mulvey

Tel: +44 (0)1424 721667