PapalPower
- 31 Jul 2008 04:24
Thread started 31st July 2008, Price = 15.75p
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NOTICE Please note this is a bulletin board and some, or indeed all, posts may only
represent personal opinion. Please do your own research- DYOR
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CLICK THE ARROW TO SKIP HEADER -- -- -- -- --
CLICK THE ARROW TO SKIP HEADER -- -- -- -- --

Web Site : http://www.dominionpetroleum.com/
May 2008 Presentation : Link To PDF file
July 2008 Presentation : Link To PDF file
Dominion is an independent energy company dedicated to exploration for new oil and gas reserves in East and Central Africa.
The Group was founded in 2004 and the strategy is to become the leading independent upstream exploration company in this region.
DPL intend to achieve this objective by using their experienced management team, their firm contacts and partners in East and
Central Africa and their excellent understanding of the geology of the region.
DPL are continuing to build on their strong acreage position in Tanzania and the Albertine Rift Basin (Uganda and Democratic
Republic of Congo) by adding new exploration opportunities in other emerging petroleum provinces in East and Central Africa.
The company currently has 57,356 square kilometers (14.17 Million acres) under license in Tanzania, Uganda and the Democratic
Republic of Congo (net to Dominions interest 53,573 square kilometers or 13.24 Million acres).
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Proselenes
- 14 Jul 2010 09:31
- 49 of 141
Does look ready to pop upwards now. Would it not be so nice if the overhang is clear and now they announce an oil strike from one or both of their ongoing drills.
Well, we can dream........ if it happens there should finally be a violent move up, and if not, well, its depressed already.
required field
- 14 Jul 2010 09:40
- 50 of 141
Looks good for an increase in the sp.....it's a gamble with a heck of a lot of upside if it comes right.
required field
- 14 Jul 2010 12:53
- 51 of 141
It's woken up....
markymar
- 14 Jul 2010 12:58
- 52 of 141
Proselenes
- 14 Jul 2010 14:14
- 53 of 141
Solid buying.
I get a suspicion that the ongoing well is going to be a gusher, with news soon, maybe next week !
We know there is/was an overhang, the sudden massive increase in buying volume might indicate a leak......... ? ;)
Proselenes
- 15 Jul 2010 01:24
- 55 of 141
I do like a day like today with huge buying volume and a nice rise. Can we have another tomorrow......
Proselenes
- 15 Jul 2010 04:02
- 56 of 141
Solid volume leap, lots of buying. Rumours in the FT of the overhang clearing and possibly drilling results very soon.
Could be the beginning of a "Golden Cross" on the charts (where you will see the red coloured line shoot up through the green one as the price rises fast) ..............
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Greyhound
- 15 Jul 2010 14:12
- 57 of 141
Acquired a bit more here in last few days, looking promising!
Proselenes
- 16 Jul 2010 08:50
- 58 of 141
Up today, just a sprinkling of good news and strong buying and the Golden Cross should happen as this "pops" after being suppressed with an overhang for a long time.
cynic
- 16 Jul 2010 08:53
- 59 of 141
golden cross - in your dreams!!!!
go and look at the chart properly, not that i hold great store by GCs or even DCs
Balerboy
- 16 Jul 2010 09:01
- 60 of 141
You'll hurt pro's feelings cynic.,.
edit: topped up here in hope.
Proselenes
- 16 Jul 2010 09:08
- 62 of 141
Good news from the drill this should shoot well over 10p and the Golden Cross will happen...........
Fingers crossed for the good news, so cynic can then look at the chart in a couple of weeks and see it.
required field
- 16 Jul 2010 09:10
- 63 of 141
This is all guesswork...we don't know for sure....the good thing is that this company has quite a few drilling assets....switched a little bit of MATD into this ....just to level things out a bit....
Proselenes
- 16 Jul 2010 11:40
- 66 of 141
cynic, thats a perfect formation ready to explode with a Golden Cross. Many do not happen, but you have to spot the potential to be in before they move.
Overhang clearing, two ongoing drills.
That means the potential is there for a major move upwards, and a GC formation on the charts.
Proselenes
- 20 Jul 2010 23:52
- 67 of 141
Rumours are the present well in Uganda is a duster, so be careful is what I would suggest.
It would be no surprise as its the first well into the area.
Anyway, thats all it is, a rumour, so always DYOR ! as it may be wrong.