Dana, production growth a certainty

wan,

I don't think Dana will want to give up Mauritania either - but on the other hand would they want a juicy package of North Sea production to go to Paladin instead? Its a question of balance. Do they have other assets that a major like BP would find attractive?

re the FSU assets:

How marketable do you think they actually are? In other words -who are the natural buyers eg does the Russian partner have the interest and capability to buy them out?

Most companies (eg Aminex and Soco) sold out of Russia when Lukoil was a keen buyer to consolidate its JV holdings.....and even they sold out fairly cheaply. What is the real chance that Dana can monetise these assets on sensible terms?

I think that Mauritania just might be an interesting trading chip (even though they've not published much flow info on the wells to date)....but I'm not sure that the majors will "kill" to buy into the rest.

ee