Dana Petroleum Plc, which was acquired by state-run Korea National Oil Corp., discovered crude oil at a well in Egypt, South Korea’s energy ministry said.
Drilling at a well in the South October concession produced about 1,343 barrels of oil a day, the Ministry of Knowledge Economy said today in an e-mailed statement. Dana owns 65 percent of the concession while Japan’s Inpex Corp. holds the rest.
