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    1. Drilling & Completion

    Flamant-1 off Mauritania P&A'd

    Sept. 26, 2006
    Dana Petroleum, as operator, is preparing to P&A the Flamant-1 exploration well offshore Mauritania in block 8. There were no significant indications of oil, but there were gas signs throughout the 1,150 m-thick carbonate target zone.

    Offshore staff

    ABERDEEN, Scotland -- Dana Petroleum, as operator, is preparing to P&A the Flamant-1 exploration well offshore Mauritania in block 8. There were no significant indications of oil, but there were gas signs throughout the 1,150 m-thick carbonate target zone.

    Well data, which includes rock samples and pressure data, will be evaluated before planning further activity in the block.

    The Flamant-1 was drilled to a TD of 3,275 m. below sea-level. The top of the main target was encountered at 2,111 m.

    In block 8, Dana holds 41.5%, Hardman Resources Ltd. has 18%, Roc Oil Co. has 2%, Wintershall holds 25%, and Gaz de France retains 13.5%.

    Following the completion of abandonment operations on Flamant-1, theAtwood Hunter drilling rig will move to block 7, offshore Mauritania to drill the Dana operated Aigrette well.

    9-26-06