DGO.L Share News (DGO)

Dragon Oil exceeds 2014 year-end production target

LONDON, Jan 14 (Reuters) - Turkmenistan-focused oil producer Dragon Oil exceeded its 2014 year-end oil production target by 2,000 barrels per day due to a 7 percent rise in output from its Turkmen Cheleken fields. Dragon Oil said it achieved a production rate of 92,008 barrels of oil equiva

Dragon Oil To Continue Increasing Production In Turkmenistan In 2015

UPDATE 1-Dragon Oil drops Petroceltic takeover on weak oil prices

(Adds shares, oil price fall) LONDON, Dec 1 (Reuters) - London-listed oil producer Dragon Oil has dropped an $800 million takeover offer for rival Petroceltic, blaming weak oil prices that have fallen around 35 percent since the deal was first announced in October. "Dragon Oil now con

Dragon Oil pulls the plug on Petroceltic takeover

Ireland-based oil producer Dragon Oil has decided not to proceed with its proposed takeover of sector peer Petroceltic due to weak market conditions. "Dragon Oil now confirms that, in the light of prevailing market conditions, it no longer intends to make an offer for Petroceltic," the company said

REFILE-Dragon Oil drops Petroceltic takeover on weak oil prices

(Fixes spelling of Petroceltic in headline) LONDON, Dec 1 (Reuters) - London-listed oil producer Dragon Oil has dropped its takeover offer for rival Petroceltic due to weak market conditions, nearly two months after the deal was first announced. "Dragon Oil now confirms that, in the

UPDATE 3-Algeria to hold oil and gas auction within weeks - official

* Algeria to start new oil and gas bidding round * OPEC member looks for foreign investors to develop reserves * Security a concern for foreign firms since Amenas attack (Adds background) By Hamid Ould Ahmed ALGIERS, Oct 29 (Reuters) - Algeria is preparing a new auction

Dragon Increases Production And Is Still In Talks With Petroceltic

Dragon Oil says talks with target firm Petroceltic continue

LONDON, Oct 14 (Reuters) - London-listed oil explorer Dragon Oil said it remained in "detailed discussions" regarding a possible offer for Algeria-focused oil producer Petroceltic , as it maintained its annual production target. Dragon Oil, whose main producing assets are in Turkmenistan, s

Sundays tips round-up: Carnival, Petroceltic, Brewin Dolphin, WYG

The Questor column in The Telegraph has rated cruise operator Carnival as a 'sell' on the back of concerns about the spread of Ebola which have sparked a recent sell-off across the travel sector. The Ebola fears "could not come at a worse time" for Carnival, the paper's John Ficenec writes. Up until

Dragon Oil Expects Production Growth To Continue In Turkmenistan

London midday: UK stocks rise despite weak economic data

Weak economic data from Germany and the wider Eurozone failed to deter bullish investors on Monday as UK stocks continued to bounce off a 10-month low reached last week. London's FTSE 100, spurred by gains in the banking, airline and supermarket sectors, was trading nearly 0.4% higher at 6,550 by mi

UK MIDDAY BRIEFING: Tesco Bolsters Board With Experienced Retailers

UK WINNERS & LOSERS: Airlines Continue To Gain As Oil Prices Slide

BUZZ-Petroceltic: Up 23 pct on possible takeover offer

** The Irish oil firm's shares up as much as 23.2 pct on a possible takeover offer by peer Dragon Oil ** Dragon Oil intends to offer 230 pence per share, a 29 pct premium to Petroceltic's Friday close of 178.50 pence. ** AIM-listed Petroceltic sees biggest intra-day bounce in more tha

TOP NEWS: German Factory Orders, Eurozone Investor Sentiment Decline