Dana Gas on Sunday said it would hold a board of directors (BOD) meeting later this week to discuss operations and business development projects in Egypt, the UAE, and the Kurdistan Region of Iraq.
The meeting, slated for Wednesday, 26 September, will also tackle the completion of Dana’s sukuk restructuring, the company said in a statement to the Abu Dhabi Securities Exchange (ADX).
Dana Gas will also discuss a report on the membership of board committees and other matters regarding its business, it added.
Earlier in September, Dana Gas said it received a payment of AED 27.9 million from its subsidiary Pearl Petroleum, which had received a sum of AED 79.2 million from the Kurdistan Regional Government.
Also in September, Dana Gas CEO Patrick Allman-Ward said that his company’s cash flows stood at AED 2.25 billion ($610 million) by the end of June 2018, backed by higher sales prices.