A jump following an increase in energy prices
Dana Gas reported a 71% leap in Q2 2017 profit. Indeed, the company made a net profit of US$12m in the three months to June 30, 2017. This compares to a profit of US$7m in the prior-year period. In the first half of 2017, Dana Gas reported gross revenues of US$222m and a net profit of US$23m as compared to US$178m and US$13m, respectively, in H1 2016. Total average group production was 67,550 boepd in the first half of 2017, 6% higher compared to H1 2016.
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