First ever post...! Dragon Oil, I have done well with this share in the last two months but now it is heading for the weeds. I have hunted the news for clues but have found nothing. Anyone got any ideas or thoughts on this stock?

Who was happy to pay over 100p last month and above 97p today?

dgo REALLY KNOW HOW TO MOVE OVER12 MONTHES

Dragon Oil PLC
11 April 2005

PRESS RELEASE
DRAGON OIL plc

Dragon Oil Plc ('Dragon')


WELL LAM 21/107 WORKOVER

Dragon is pleased to announce the successful workover of well LAM21/107 in the
Cheleken Contract Area, offshore Turkmenistan. Reservoir intervals in Zone 4
and Zone 5 were perforated resulting in incremental production of 1,481 barrels
of oil per day ('bopd'). The addition of new perforations is facilitated by the
well's monobore completion design, which allows additional zones to be
perforated at lower cost without running a new completion.

It is planned to continue the well workover programme in 2005 with operations
comprising both rigless perforation and a hydraulic workover unit.
...

"Khazar" is persian name for "Caspian".

DGO raised 22 million sterling,surely not beer money,are they going to push prodn and sale of gas next,as wellas oil.

Directors buying shares

SO they didn't continue to discuss with the buyer(s). Many questions remain unanswered:
Who was the buyer?
How much was the offer?
Are they coming back?
Price target for any possible offer?

go to advfn it is much better for DGO threads

Looks like buyer may be coming back -- about to break out!

dikytree.

good volume and rising... Directors baught too last week...

Dragon on Breakout now - added a few more, looking good!

dikytree.

Shorts should start to think about their positions again. Is there a bid coming?

Any news?

DGO has gone up over 8% today - I dont see any news out, does any one know the low down?

Dragon seemed to have topped out. Or have they? I am tempted to sell, and take my profit. Any input would be appreciated.

I am not selling before 2.5 very undervalued at this price compared to the rest of the market. Should be getting news in the comming weeks about well 10/110......watch this space.

well no sooner as I posted about news and RNS is realeased check it out :-) am buying more!!

Dragon Oil PLC
12 October 2005

PRESS RELEASE
DRAGON OIL plc

('Dragon')

WELL LAM10/111 STARTS PRODUCTION

Dragon is pleased to announce that well LAM 10/111 on the refurbished LAM 10
platform in the Cheleken Contract Area, offshore Turkmenistan, has tested oil
from Zones 4, 5 and 6 at a combined rate of 2,586 barrels of oil per day,
('bopd').

Well 10/111 was spudded on 19th July 2005 and drilled to a total depth of 3,544m
MD (measured depth) in reservoir Zone 7. The well was successfully completed
using dual completion which enables two reservoir intervals, at different
reservoir pressures, to be produced simultaneously. This is the first time that
Dragon has used dual completion technology.

Reservoir Zones 4 (lower part), 5 and 6 were produced through the lower
completion string and tested at a rate of 1,506 bopd. The upper part of
reservoir Zone 4 was produced through the upper completion string and tested at
a rate of 1,080 bopd. Both intervals will be produced together.

The Iran Khazar jack-up rig has been skidded to commence drilling the third well
from the LAM 10 platform, well LAM 10/112. This well is planned to be drilled to
a total depth of around 3,600 metres.

Hussain M. Sultan, Chairman of Dragon commented:

'We are pleased with the result of well LAM 10/111 and with the successful
application of dual completion technology. It is planned to use this technology
on future wells.'

Ends

Heading for higher oil production. It worth every penny they spend.

Was that a tree shake this morning, any views

Looks like it, I am not selling.