On Tuesday, Dana Gas expressed that its production in Egypt augmented by 20 percent during 2010 supported by production through seven latest fields at the Nile Delta.

Productivity strike 42,000 barrels of oil alike per day (boepd) during 2010 and is anticipated to increase to 67,000 boepd during mid-2012, Dana expressed the data in a report to the Abu Dhabi bourse. Dana managed to discover 14 wells this year with the initial, Sanabel-1, in progress.

The panel of Dana has determined to keep hold of its 100 percent subsidiary in the Nile Delta allowance and to carry on operating them more willingly than the designed farm out, as per the statement.

Ahmed al Arbeed, CEO of Dana Gas expressed in a statement that with 16 findings in the Nile Delta during the previous three years, joint with their year-on-year production augment of 20 percent, it strengthens their sight of the outstanding latent of this first class land and corroborates to them that preservation of their 100 percent attention will bring the utmost value to their shareholders.