Published this morning.
RNS here
This is quite a useful form of comment for companies to add in their RNSs:
Dana estimates it has added 15-18MMboe of oil and gas resources, net to Dana, through exploration drilling to date in 2010.
Interesting to see that the block 7 target in Mauritania is a huge gas prospect, rather than an oil leg to Pelican:
Dana now expects to drill 18 wells in 2010, with the recent addition of the Blackbird appraisal well in the Ettrick oil area. Anne Marie, in the Faroe Islands, is expected to spud next month. The Company is also pleased to announce it has secured a new build semi-submersible Maersk rig to drill in Block 7, offshore Mauritania. The rig has been secured as part of a joint programme with Petronas who will drill in the neighbouring Block 6. Cormoran, a 2-3Tcf prospect, is expected to spud in Q4 2010.
Overall rather more positive than some other recent DNX RNSs, especially given that production is in line with guidance (which was sometimes an issue for the market in 2009 - rightly or wrongly)
ee
