Barbara linked with Phyllis

May 10, 2007
Dana Petroleum expects a decision this year on project sanction for the Barbara gas field in the central North Sea. Dana is acting as operator for the engineering studies. The Barbara equity owners are considering a joint development with the Phyllis field, which would represent one of the UK's largest new gas field projects.

Offshore staff

ABERDEEN, UK --Dana Petroleum expects a decision this year on project sanction for the Barbara gas field in the central North Sea. Dana is acting as operator for the engineering studies. The Barbara equity owners are considering a joint development with the Phyllis field, which would represent one of the UK's largest new gas field projects.

Dana also is pursuing fast-track development plans and export options for the Babbage field, where it proved further gas during a flow test last year.

Currently, the company is lining up two exploration wells in the Cleaton area of the southern North Sea, having reserved two drilling slots with the jackupEnsco 100. It also has four slots with the semisub Sedco 704. Targets under review include the Kerloch and Rinnes oil prospects in the northern North Sea, and Wagtail in the Greater Kittiwake area.

5/10/2007