Dana Petroleum’s shareholders have approved the company’s offer for Petro-Canada Netherlands.
Offshore staff
ABERDEEN, UK -- Dana Petroleum’s shareholders have approved the company’s offer for Petro-Canada Netherlands.
The acquisition, which should be completed later this week, will lift Dana’s production capacity to around 50,000 b/d and its proved plus probable reserves to 254 MMboe.
On Jan. 1, 2010, Petro-Canada Netherlands had net total 2P reserves, and proved, probable, and possible reserves of 51 MMboe.
