Dana Gas has announced drilling and logging results indicating that its Begonia-2 well in Egyupt contains 9 billion cubic feet (bcf) of gas.

The well is located in the "New El-Manzala" concession and is operated by the Joint Venture, El-Wastani Patrolmen Company (Wasco).

These developments mark the first stage of the company’s $100 million investment programme, which aims to significantly increase Dana Gas’s long-term production in Egypt and add approximately 80 bcf in recoverable gas reserves over the course of two years.

Drilling is being carried out using the EDC-54 rig, and the next well is expected to spud in August

The company has also begun recompletion works at the Balsam-3 well in Egypt’s onshore Nile Delta, where it has redeployed the EGYPTCO rig from its plug-and-abandonment (P&A) mode.

Estimated reserves from the recompleted well are 4 bcf, with an anticipated additional production of 3 million cubic feet of gas per day.