DANA PETROLEUM: DRILLING FOR 1 BILLION BARRELS OF OIL

Had a careful read of the IC.
Very disappointed in the one dimensional view.
As you say a couple of dry wells, out of only 4 they can see on the horizon = don't touch with a barge-poll!!!

No mention of the North-sea extensions to existing production; re-development of the fields, cash flow, or take-over developments in the sector.
Admits the GDF deal opens up new possibilities, but very blinkered narrow view.

Number 4 on the hidden value list this year should merit a little more attention than the office tea boy.