U K
B U S I N E S S
P A R K
home page

The information below comes from the UK Activity Report.
Click here for further details

Dana Petroleum Dana Petroleum has announced an oil discovery at the West Rinnes well in the North Sea, with potential reserves of more than 40m barrels. 24-Apr-2008 Dana Petroleum is planning to acquire Ener Petroleum, the Norwegian independent oil company, for £24m. 13-Jun-2007 Venture Production and Dana Petroleum are to acquire the producing Kittiwake and Mallard fields in the central North Sea from Shell and Esso, including the associated oil storage infrastructure. 30-Apr-2003 Dana Petroleum is planning to establish eight exploration wells over the next 18 months, and is also looking to acquire more North Sea assets from the major oil companies. 28-Mar-2003 Dana Petroleum and 3i are investing £7m in an equity stake in Faroe Petroleum, in order to fund its oil exploration programme off the coast of the Shetland Islands. 20-Jan-2003 Dana Petroleum is to pay £48m for a portfolio of North Sea production, development and exploration assets from Agip, gaining estimated reserves of 19m barrels of oil equivalent. 22-Mar-2002 Dana Petroleum is to raise £25m in a share placing, in order to finance its oil exploration programme in the North Sea, Africa and Indonesia. 31-Aug-2001 Dana Petroleum has acquired a 26% stake in the Goosander field in the North Sea from Burlington Resources for an initial £2.8m. 12-Jul-2001 Dana Petroleum has announced a large gas discovery off the coast of Java, worth an estimated £450m. 26-Feb-2001 Dana Petroleum has announced three offshore production sharing contracts in Mauritania, in partnership with Hardman Resources of Australia. 25-May-1999 Centrica is buying a 5% stake in the North Sea's Victor gas field and a 10% stake in two blocks in Morecambe Bay from Dana Petroleum for about £10m. 09-Feb-1999 National Power has completed its withdrawal from UK offshore gas exploration with the sale of its 10% stake in the North Sea Victor field and holdings in 10 exploration blocks to Dana Petroleum for £10.6m. 05-Oct-1998 Dana Petroleum has announced two discoveries in the North Sea - an oil find in a concession operated by Shell, and a gas find in a Fina concession. 25-Aug-1998 Dana Petroleum is linking up with Foroya Kolvetni of the Faroe Islands to bid in the next Faroese oil licensing round. 13-Mar-1998 Dana Petroleum is looking to develop further projects in the former Soviet Union, and wants to increase its stake in Evikhon, the Russian independent oil company. 23-Oct-1997 Dana Petroleum has made an agreed £54m bid for Seafield Resources, the oil exploration and production company with interests in the UK and west Africa. 01-Aug-1997 Dana Petroleum is to acquire Petroceltic, the Irish oil and gas concern, for about £3m. 26-Oct-1996 Dana Petroleum has acquired a 5% stake in Evikhon, the Russian company that has interests in some west Siberian oilfields, for £1.7m cash plus shares. 20-Jul-1996 Dana Petroleum plans to raise £16m for production development at the South Vat-Yoganskoye field, with a London listing. 02-Jan-1996 Dana Petroleum is expected to list on the London Stock Exchange in order to raise finance for expanding production at its Siberian fields and develop relationships with Russian partners. 11-Dec-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2008