Dana Petroleum Signs Contract Renewal with Palantir Solutions

LONDON, June 26, 2013 /PRNewswire/ --

Palantir Solutions has provided Dana Petroleum (Dana) with software solutions and consulting services since 2003.  This new software deal will see Palantir continue to provide its market leading petroleum economics solution, PalantirCASH, to Dana Petroleum for a further three years.

PalantirCASH is a robust and powerful petroleum economics and fiscal modelling platform which provides Dana with a consistent and accurate view of its complex and expanding international portfolio. The software helps them to compare various investment strategies and evaluate potential acquisition targets, securing them a competitive advantage.

Dana's Jim Mair, Director of Commercial and New Business Development commented "Dana is pleased to continue its relationship with Palantir and its use of PalantirCASH. We find the software invaluable and a key tool in our approach to economic modelling for new and existing business decision making."

Palantir Director, Dean MacPherson, said, "Palantir have enjoyed being an integral part of Dana's growth and development since 2003.  We will continue to develop innovative software solutions that meet their evolving business needs."

Notes to Editors:

About Dana:

Dana Petroleum has been operating in the oil and gas industry for over 18 years. Originally operating in the UK, Dana is now a $4 billion company with exploration and production operations in the UK, Egypt, Norway, the Netherlands and Africa.

About Palantir Solutions:

Palantir Solutions is a leading, global provider of integrated, dynamic planning software and services to the upstream oil and gas industry.  Palantir's range of solutions and consulting services transform business planning by connecting technologies, functions and processes across the enterprise to enable faster decision-making based on trusted data.

To arrange an interview or for further information please contact:
Becky Hayward
T: +44-(0)207-901-3700 
E: pr@palantirsolutions.com