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Dominion Petroleum - High-impact exploration (DPL)     

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 -- -- -- -- -- an1.gifCLICK THE ARROW TO SKIP HEADER -- -- -- -- -- an1.gif

Chart.aspx?Provider=EODIntra&Size=283*18Chart.aspx?Provider=Intra&Code=DPL&Size=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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cynic - 16 Jul 2010 09:16 - 65 of 141

yes cynic does hold, and below is a chart to show that this so-called magical GC is not remotely near forming .... indeed, the DMAs are still trending down, though now levelling off

Chart.aspx?Provider=EODIntra&Code=DPL&Si

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.

markymar - 21 Jul 2010 07:28 - 68 of 141

Its a duster! some you win some you dont.

cynic - 21 Jul 2010 07:32 - 69 of 141

sp to fall to 2p!
another neo-timis stock i think

aldwickk - 21 Jul 2010 08:31 - 70 of 141

Its only the first drill , expect traders to sell on the news. But for investers its top up time.

cynic - 21 Jul 2010 08:32 - 71 of 141

i am amazed how much strength it has shown ..... keeps going in and out of auction, but books are remarkably well-balanced all things considered

required field - 21 Jul 2010 09:06 - 72 of 141

Sold out at a loss....not very optimistic about this one now...as market cap is too high and it's all in the air as to what might happen...better value elsewhere...

cynic - 21 Jul 2010 09:10 - 73 of 141

sold half at a loss but not as bad as feared .... now smallholding with pig!

required field - 21 Jul 2010 09:17 - 74 of 141

I'm out and won't be back for ages....nothing going on.....COV is a better bet if you want exposure here.....and HOIL shareholders are due for a big dividend on the Uganda front.....

cynic - 21 Jul 2010 09:28 - 75 of 141

your prob right
=====

taken my medicine
it didn't taste very nice but it could have been much worse

Clubman3509 - 21 Jul 2010 11:06 - 76 of 141

Dont listen to office boy he bets in 1p spreads

markymar - 21 Jul 2010 11:10 - 77 of 141

The share price should lift a little as results due from Tanzania, the Kianika-1 well should be know early September or late July.

Balerboy - 21 Jul 2010 19:19 - 78 of 141

what happened to August?? or do you mean july 2011..

markymar - 21 Jul 2010 20:04 - 79 of 141

"Well" pointed out! was not thinking correct i was thinking of my losses in this today its late August early September.

Balerboy - 21 Jul 2010 22:33 - 80 of 141

lol.

Proselenes - 22 Jul 2010 01:18 - 81 of 141

If you bother to read the spudding RNS it clearly states this is a geologic well. You will also see historically that Heritage/Tullow drilled dusters for 3 years before striking it luck in that area.

DPL has some big excitement with offshore Tanzania, I went long again today DPL sub 3.3p levels, and very happy to get back in at that level.

Balerboy - 22 Jul 2010 07:33 - 82 of 141

OH, so they were not looking for oil at all, just pretty rocks and strata, wouldn't have bothered investing if I'd known that....

Proselenes - 22 Jul 2010 15:17 - 83 of 141

Buy side of the order book picking up some strength now, might be another tick up before close, you never know.

dealerdear - 22 Jul 2010 16:14 - 84 of 141

Is it my imagination or has this been in auction for 30 mins
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