petroleum . dana gas pjsc native name type public traded as adx dana industry oil & gas founded 2005 ; 11 years ago 2005 in sharjah emirate of sharjah united arab emirates headquarters sharjah united arab emirates areas served uae 1 egypt 1 iraq . 1 key people adel al sabeeh 2 chairman patrick allman ward ceo net income 528 million . aed 3 total equity 1.7 billion . aed 3 parent crescent petroleum 20.01 % 4 subsidiaries pearl petroleum 1 website www.danagas.com dana gas is an independent gas company headquartered in sharjah united arab emirates . the largest private shareholder in dana gas is crescent petroleum . 5 dana gas was established in december 2005 with a public listing on the abu dhabi securities exchange adx . dana gas has exploration and production assets in egypt kurdistan region of iraq kri and uae with an average production output of 63 900 boepd in 2015 . with sizeable assets in egypt kri and the uae and further plans for expansion dana gas aims to play an important role in the rapidly growing natural gas sector of the middle east north africa and south asia region menasa . in may 2009 dana gas and crescent petroleum signed an agreement with mol and omv shareholders of the nabucco pipeline project for a strategic partnership in developing gas fields in iraq s kurdistan . 6 on 10 july 2013 dana gas has appointed patrick allman ward as its new ceo replacing interim ceo rashid saif al jarwan the appointment will be effective from september 2013 . also in july 2013 the firm announced it had made a significant discovery at an onshore test well in egypt 7 as well as announcing it had achieved record production of 39 000 barrels per day in the country . 8 controversy edit in january 2013 unsubstantiated allegations were made against dana gas that its operations were responsible for the flooding and destruction of the upper egyptian village of fares near kom ombo . it was claimed that flooding in the village was caused by the drilling fracking by dana gas . 9 an independent report by d appolonia s.p.a into the allegations and the report was completed in early 2016 . the conclusion of the report is that ... there is no evidence that dana gas could have either introduced more surface water to the existing system or significantly altered the drainage of such surface waters . based on the data it can be concluded that the dana gas activities neither directly nor indirectly caused the alleged flooding in fares village . 10 references edit a b c d http www.bloomberg.com news articles 2016 03 02 dana gas rallies after expanding gas production to third country http www.bloomberg.com news articles 2012 06 10 dana gas appoints al sabeeh as chairman replacing hamid a b http www.bloomberg.com news articles 2016 02 14 dana gas has quarterly profit more cash after rwe payment http www.bloomberg.com news articles 2012 09 18 dana gas shareholder says optimistic on sukuk resolution crescent petroleum signs cooperation agreement with reliance . zawya . 2008 06 24 . retrieved 2009 07 12 . mol makes plans for kurdish gas spend . upstream online . nhst media group . 2009 09 10 . retrieved 2010 06 17 . dana gas makes discovery in egypt africa oil review africa 2013 retrieved 2014 04 21 dana gas reports record output in egypt africa oil review africa 2013 retrieved 2014 04 21 is fracking responsible for the flooding of an upper egyptian village egypt independent 29 01 2013 investigative study of the hydraulic fracturing and seismic activites conducted by dana gas d appolonia january 2016 this article about a natural gas or petroleum related company is a stub . you can help wikipedia by expanding it . v t e this emirati corporation or company article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title dana gas & oldid 737532236 categories oil and gas companies of the united arab emiratescompanies based in sharjahcompanies listed on the abu dhabi securities marketcompanies established in 2005petroleum company stubsasian company stubsunited arab emirates stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 3 september 2016 at 12 47 . text is available under the creative commons attribution sharealike license ; 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