Dana Gas CEO: 'Latent Capacity' in Global Oil Supply

The video discusses the impact of OPEC cuts on oil prices, highlighting the volatility and market responses. It covers cost management strategies in response to oil price uncertainty, including ongoing cost-cutting measures. The challenges of receiving payments from Egypt and Kurdistan are addressed, with significant arrears impacting business operations. Exploration opportunities in Egypt are explored, with potential significant discoveries. The video concludes with profit expectations and the importance of networking at Davos.

What was the price of oil per barrel at Davos last year?

• $40.00

• $50.00

• $60.00

• $28.00

Which countries have latent oil production capacity that could affect market stability?

• Russia and Venezuela

• Canada and Mexico

• Saudi Arabia and Iran

• Libya and Nigeria

What is the term used by Dana Gas to describe their focus on efficient operations?

• Operational Excellence

• Profit Maximization

• Managing for Margin

• Cost Optimization

How much does the Egyptian government owe Dana Gas?

• $260 million

• $1 billion

• $720 million

• $500 million

What is the potential size of the hydrocarbon discovery in Egypt?

• Thousands of cubic feet

• Millions of cubic feet

• Trillions of cubic feet

• Billions of cubic feet

What is Dana Gas's main goal for this year regarding profits?

• To break even

• To double profits

• To maintain profitability

• To incur a loss

What is the main reason Dana Gas needs to be paid by its clients?

• To pay off debts

• To reinvest in operations

• To expand into new markets

• To increase salaries