Dana Gas Co. - DANA

Activities

Dana Gas, established in 2005, is the first and largest private sector natural gas company in the Middle East. It is listed on the Abu Dhabi Securities Exchange. The company focuses on the exploration, production, processing, and transportation of natural gas, with significant operations in the Kurdistan Region of Iraq (KRI) and Egypt. In the KRI, Dana Gas is engaged in and has interests in upstream, midstream and downstream activities, including the exploration, production and processing of natural gas, gas transmission and the sale of petroleum products. While in Egypt, Dana Gas owns high-quality gas assets and their principal operations are focused on developing and producing from 14 active fields in the onshore Nile Delta. New exploration acreage is expected to be awarded upon ratification of the concession consolidation, with three exploration prospects ready to be drilled. Dana Gas Gross Production is 60 kboepd (thousand barrels of oil equivalent per day), and 2P reserves is 1,121 mmboe (million barrels of oil equivalent). While the average daily gas production is 270 mmscf (million standard cubic feet), and average daily condensate production is 7,530 bbl (barrels). Dana Gas aims to achieve sustainable growth across the natural gas value chain in the region. The company is committed to operational excellence, financial discipline, and creating value for its shareholders. The company is governed by a Board of Directors and an International Advisory Board, supported by a Senior Executive Management team. Dana Gas emphasizes strong governance practices, risk management, and internal audit processes to ensure transparency and accountability.