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Dana Petroleum Signs Two Exploration Agreements W/ Egyptian Govt 2013-12-30 10:05:52.524 GMT
By Ola Galal Dec. 30 (Bloomberg) -- Dana commits to min. investments of $24m, Oil Ministry says in e-mailed statement. * Co. to drill 4 wells in Western Desert * Agreement stipulates signing bonus of $1m * NOTE: Egypt has signed 20 exploration agreements w/ intl companies w/ total min. investments of ~$698m and $120.5m in signing bonuses to drill 107 wells
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To contact the reporter on this story: Ola Galal in Cairo at +20-461-8561 or ogalal@bloomberg.net
To contact the editor responsible for this story: Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net