Fluff the nervous dragon: Small signs of trouble can be as eloquent as big ones. A caged canary suffocating in a coal mine. Or Dragon Oil pulling out of talks to buy Dublin-listed Petroceltic, a rival exploration and production company, for some $500 million. The long-term price of the black stuff has moved little. But the short-term slump has been enough to rattle Dragon. The company has form: in 2012 it abandoned talks with oil explorer Bowleven. Dragon has about $1.9 billion of net cash, so it would have had no problem financing a transaction. That risk has transferred to Petroceltic, which will need around $200 million by early 2016 to fund its share of the Algerian project.
3 Nov '14
Sorry. Ishould be clearer. Any jihadist would end up in the curry. Dragon run a tight and tidy ship onshore. Not many rigs in the Caspian. Iranian rigs are untidy. I am being generous..
3 Nov '14
Hazar base is in Turkmenistan , very spick and span. Near border with Iran and they used to useIranian rigs. Presumably still do. And I can only trust the curry at the camp is still A1.
2 Nov '14
Does anybody know if Isis are anywhere near the oil field we have invested in ?
2 Nov '14
I spoke to the customs and excise and am sure I got a letter back confirming my tax status which I sent to the Irish Tax Office and ever since my dividend has been paid direct into my bank in full.
29 Oct '14
Tomglan Withholding tax
Yes. Irish tax office are very very helpful. If shares are held directly, not in a nominee account, they can guide you through the process and it is not too difficult. If your shares are held in a nominee account or in an ISA some companies will do the claim for you and some will not. I moved from Hargreaves Lansdown because, although they made 1 claim on my behalf and got my tax refunded they would not repeat for future years and would not claim for anyone else. I moved to Idealing and they claim automatically every year. There are other dealers which do this but I do not know their names.
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