Dana Gas Half-Year Results

Dana gas has introduced its economic outcomes for the half-year ended thirtieth June 2025, which protected the following:

net earnings: AED 270 million ($seventy three million) in H1 2025, a 1% increase over H1 2024.

sales: AED 627 million ($171 million) in H1 2025, down from AED 696 million ($one hundred ninety million) in H1 2024 due to lower hydrocarbon fees and Egypt manufacturing decline, partly offset with the aid of better KRI output and advanced pricing.

production:

day by day gasoline output at Khor Mor discipline passed 500 million standard cubic feet according to day (MMSCFD).

group manufacturing in KRI rose three% to 38,550 barrels of oil equivalent consistent with day (boepd) regardless of deliberate protection.

renovation: planned maintenance at Khor Mor in April briefly decreased output however was completed beforehand of schedule, ensuring lengthy-term reliability.

KM250 expansion undertaking:

creation progressing properly, with proactive management accelerating progress closer to “first gas.”

once operational, KM250 will upload 250 MMSCFD capacity, growing Pearl Petroleum’s total capability by way of 50% and significantly boosting manufacturing and cash flow.

Chemchemal development:

Ongoing under $160 million investment program.

Drilling and placement paintings underway for extended nicely take a look at facility targeting early production of up to seventy five MMSCFD.

cash and Receivables:

cash stability at quit of June 2025: AED 638 million ($174 million), which includes AED 539 million ($147 million) at Pearl Petroleum level.

Collections: AED 378 million ($103 million) from KRI in H1 2025.

Dana fuel’s proportion of receivables in KRI: AED 209 million ($seventy one million).

Pearl Petroleum operators are actively enticing with KRG to enhance payment performance and cope with awesome receivables, that are critical for maintaining and increasing manufacturing to satisfy energy demand.