{"id":598313,"date":"2019-05-21T02:11:10","date_gmt":"2019-05-21T02:11:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/"},"modified":"2019-05-21T02:11:10","modified_gmt":"2019-05-21T02:11:10","slug":"dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/","title":{"rendered":"Dana Gas to drill first pilot well in North Arish concession next week"},"content":{"rendered":"

UAE\u2019s Dana Gas is planning to drill its pilot well in the North Arish concession in the Mediterranean next week and is expected to conclude studies on its estimated reserves within two and a half months, Shorouk reports<\/a>. Dana Gas plans to invest USD 5 bn<\/a> in the gas field, which seismic scans indicated has about 20 tcf of potential reserves, making it Egypt\u2019s second biggest after Zohr.<\/p>\n","protected":false},"excerpt":{"rendered":"

UAE\u2019s Dana Gas is planning to drill its pilot well in the North Arish concession in the Mediterranean next week and is expected to conclude studies on its estimated reserves within two and a half months, Shorouk reports. Dana Gas plans to invest USD 5 bn in the gas field, which seismic scans indicated has […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[110,93,72,8626],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598313","post","type-post","status-publish","format-standard","hentry","category-energy","tag-dana-gas","tag-energy","tag-enterpriseam","tag-oil-gas","wpautop","entry"],"acf":{"mongo_id":"5fc9bb25-ec48-4adc-86b5-bf4620e90987","is_powered_by":true,"section_story_id":"bc985ce7-035e-4691-af97-808b192e93ed","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598286],"teaser":"","voice_url":""},"yoast_head":"\nDana Gas to drill first pilot well in North Arish concession next week - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dana Gas to drill first pilot well in North Arish concession next week\" \/>\n<meta property=\"og:description\" content=\"UAE\u2019s Dana Gas is planning to drill its pilot well in the North Arish concession in the Mediterranean next week and is expected to conclude studies on its estimated reserves within two and a half months, Shorouk reports. Dana Gas plans to invest USD 5 bn in the gas field, which seismic scans indicated has […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-21T02:11:10+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dana Gas to drill first pilot well in North Arish concession next week\",\"datePublished\":\"2019-05-21T02:11:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/\"},\"wordCount\":81,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Dana Gas\",\"energy\",\"EnterpriseAM\",\"oil & gas\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/dana-gas-to-drill-first-pilot-well-in-north-arish-concession-next-week\/\",\"name\":\"Dana Gas to drill first pilot well in North Arish concession next week - 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Abu Dhabi-listed energy producer Dana Gas is looking to offload its Egyptian assets and has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale, two unnamed sources close to the matter told Reuters. Dana holds stakes five\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/192.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605034,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypt-pays-dana-gas-an-equivalent-of-usd-20-mn-in-arrears\/","url_meta":{"origin":598313,"position":1},"title":"Egypt pays Dana Gas an equivalent of USD 20 mn in arrears","author":"enterpriseam admin","date":"19 December 2018","format":false,"excerpt":"Egypt has paid UAE\u2019s Dana Gas the EGP equivalent of USD 20 mn in arrears, bringing total receipts to USD 152 mn, according to a company press release (pdf). The company also said it expects another payment to be made in USD by year-end to move forward with plans to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597586,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/dana-gas-confirms-it-hired-financial-advisors-to-look-at-egypt-exit\/","url_meta":{"origin":598313,"position":2},"title":"Dana Gas confirms it hired financial advisors to look at Egypt exit","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"Dana Gas confirms hiring financial advisors for the potential sale of Egypt assets: Dana Gas confirmed reports earlier this week that it has hired financial advisors to study the possibility of selling down its Egypt asset portfolio in a bourse filing (pdf) on Tuesday. \u201cThe company is undertaking a strategic\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629364,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/29\/egypt-repays-usd-40-mn-in-dues-to-uaes-dana-gas\/","url_meta":{"origin":598313,"position":3},"title":"Egypt repays USD 40 mn in dues to UAE\u2019s Dana Gas","author":"enterpriseam admin","date":"29 May 2018","format":false,"excerpt":"The UAE\u2019s Dana Gas announced yesterday that it received USD 40 mn in payments from the Egyptian government, bringing total dues received so far in 2018 up to USD 88.8 mn. The funds will mostly be used to bolster Dana\u2019s liquidity, allowing the company to pursue a number of projects\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599537,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/egypt-pays-dana-gas-usd-35-mn-in-arrears\/","url_meta":{"origin":598313,"position":4},"title":"Egypt pays Dana Gas USD 35 mn in arrears","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"Egypt paid UAE\u2019s Dana Gas USD 35 mn in arrears on Saturday, bringing total receipts to USD 199 mn, according to a company press release. Dana Gas also received an additional USD 9.3 mn from condensate sales. The payments have brought arrears owed to the company to their \u201clowest since\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597543,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/dana-gas-confirms-possible-egypt-exit\/","url_meta":{"origin":598313,"position":5},"title":"Dana Gas confirms possible Egypt exit","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"Dana Gas confirms possible Egypt exit: Dana Gas is studying the possibility of selling its Egypt assets to focus on its \u201cmassive resources\u201d in the Kurdistan Region of Iraq (KRI), but will continue its operations until then normally, Head of Investor Relations Mohammed Mubaideen confirmed to CNBC Arabia yesterday (watch,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/613.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=598313"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598313\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598286"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598313"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598313"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}