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Hi all when are we expecting our dividend payment.
as usual looks like i got it wrong again and am talking cr*p!!!!
thanks for the comments - not replied earlier as ive been scared to look! will hold on for a bit as i dont need the cash at present - its touched 600 before so hopefully will do at some time again (hopefully sooner than later) - good luck all
Up & down like a prossies drawers . Could be one of the volatiles as mentioned previously . These will go up again & Dragon maybe buying its own shares back will be a good sign ; less shares on the market etc. I am not an expert but hang on in there 'stickapinin' .
Probable reason for price rise is RNS re drilling update showing on on ADVFN site today..
has anyone any idea why this is dropping so much (locked in @572 and wondering if i'll ever get out!) any comments appreciated thanks
Dragon Oil ups guidance after strong first quarter By Benjamin Chiou Date: Thursday 21 Apr 2011 LONDON (ShareCast) - Dragon Oil’s average daily production rate jumped by 21% over the first quarter as the Turkmenistan-focused oil and gas producer expects to ramp up production over the full year. Gross field production in the three months to 31 March averaged 57,800 barrels of oil per day (bopd), up from 47,600bopd in the first quarter of 2010, following the “transition over to the 30-inch trunkline from the two 12-ince pipelines used before”, Dragon said. While maintaining its medium-term target of 10-15% production growth per annum between 2011 and 2013, the firm has now said it expects to produce 20% more in 2011. "Dragon Oil had a strong first quarter with a very solid production performance. A number of significant projects are being progressed this year to support our continued development of the Cheleken Contract Area, including two wellhead and production platforms and a gathering station,” said chief executive officer Abdul Jaleel Al Khalifa. During the period, the group sold 2.6m barrels of crude oil, a 30% increase on the volume achieved in 2010, while the realised crude oil price was 27% higher, averaging $95 a barrel, up from $75 a barrel. The group said three new wells were put into production during the quarter. The new production received positive feedback from Japanese broker Nomura, who raised its earnings forecasts by 7% per annum over 2011-15, and upped its target price from 755p to 765p. The broker kept its ‘buy’ rating, saying that “operational delivery [is] on track.”
Dr Abdul Jaleel Al Khalifa, CEO, commented: "Dragon Oil had a strong first quarter with a very solid production performance. A number of significant projects are being progressed this year to support our continued development of the Cheleken Contract Area, including two wellhead and production platforms and a gathering station. At the same time we are planning ahead for additional platforms to be installed in both the Dzheitune (Lam) and Dzhygalybeg (Zhdanov) fields as well as related connecting pipelines and onshore infrastructure."
Dragon Oil plc (Ticker: DGO), an international oil and gas exploration and production company, issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement covers the period from 1 January 2011 to date. The financial and production data are for the period from 1 January to 31 March 2011. All other information, including details on operations, is up-to-date as at 20 April 2011. Key highlights for 1Q 2011 - Three new wells were put into production in the period from 1 January 2011 to date; - The average daily production rate was approximately 57,800 barrels of oil per day ("bopd") in 1Q 2011; and - Capital expenditure on infrastructure and drilling was approximately US$74 million for 1Q 2011.
Can anybody tell me why Dragons share price has dropped over 50p in the last week ?
Hi, we found our certificate and we did buy them many moons ago because they were tipped to buy. Yes we are in lanarkshire.
Pardon my ignorance, does this mean that there will be more shares to buy ( generally )( is it directors only) is this to generate cash, I thought that it was very health at the moment I assume that it must be a good thing for people who have got shares already.( still a novice at this )
I am having more than my share of senior moments today. Meant to say poster on ADVFN.
Poster on LSE has kindly explained that it is to do with Board of Director share options.
Sorry for typo. Does anyone know significance of this announcement. Why are only 2,500,000 involved?
RNS Number : 5115E Irish Stock Exchange 08 April 2011  REPORT OF THE BOARD OF THE IRISH STOCK EXCHANGE Irish Stock Exchange 28 Anglesea Street DUBLIN 2 08TH April 2011 ADMISSION NOTICE The board of the Irish Stock Exchange approves the admission of the undermentioned security to listing on the Official List and trading on the Main Securities Market of the ISE. DRAGON OIL PLC 2,500,000 Ordinary Shares of EUR 0.10 IE0000590798 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange.
Hi, did you get your shares sorted? Are you in Lanarkshire? I know a few people were tipped and bought Dragon around that time, most have probably gave up or sold ages ago!
DGO t is making so much money and has so much cash in the bank it had to bow to investors' demands and a dividend will be paid for the first time this year. As DGO is registered in Ireland there has been a lot of discussion and advice about tax implications on this site and also on iii and ADVFN. If you already hold shares you really should read them or contact your broker for advice..
hello, has anyone got an idea if dragon are paying dividends this year,,, thank you for any replies
Many thanks for the information, I use SVS but not sure if they offer advice, if not will look further afield.
U can put Dragon into an ISA. Most AIM shares cannot be put into an ISA but they can if they are quoted on two stock exchanges i.e. on the FTSE and Aussie. u also can have £10600 profit before u have to pay Capital Gains Tax. If u have a wife make sure to use up her allowance as well. Best thing is to look at your broker's website about ISA's and phone and ask them about anything u r not sure of.
Hi All, just started in the shares world and wanted some advice on ISA accounts. Can you put shares into an ISA , to save on some of the tax or am I being a total wally thinking that? Any advice would be great.
ADVFN live prices shows price up 20p not down 20p
Have people woken up to the fact that this company is actually producing oil, and is not liable for the new tax on oil.