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DEVELOPMENT & DISCOVERY ALERTS - Dana Gas Announces Find in Egypt

DEVELOPMENT & DISCOVERY ALERTS - Dana Gas Announces Find in Egypt

Dana Gas Announces Find in Egypt

UAE-based Dana Gas on 30 June announced a significant gas discovery in Egypt’s Nile Delta, just four days before Egypt’s military stepped in to depose the Muslim Brotherhood-led government and usher in another phase of instability. Dana Gas’s Begonia-1 well produced 9.4 million cubic feet per day of gas, along with light oil condensate. The…

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