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Dragon Oil - 2006 (DGO)     

dai oldenrich - 03 Oct 2006 10:11

Dragon Oil plcs principal production and exploration interests are located in the Cheleken Contract Area in the Caspian Sea, offshore Turkmenistan. The Cheleken Contract Area covers approximately 950 sq.kms and comprises two offshore oil and gas fields, Dzheitun (LAM) & Dzhygalybeg (Zhdanov), in water depths of 10 to 37 metres.

Chart.aspx?Provider=EODIntra&Code=dgo&Si
            Red = 25 day moving average.           Green = 200 day moving average.

lelael - 06 Mar 2008 15:39 - 167 of 903

My TAN shares sold on stop losses last August, this allowed me to buy DGO, which I now have 80% of portfolio in due to their increased value, perhaps TAN (electric vehicle manufacturer) is the place to return some of this profit to, dont know of any bicycle related shares.
Edit: Found a good one UTN up 150% this year (electric bicycle).

required field - 18 Mar 2008 13:03 - 168 of 903

Took some profit the other day...still in...some oilies climbing ...this one's diving...on no news that I can see ?

ahoj - 18 Mar 2008 14:04 - 169 of 903

Funny prices... GS is 10% up in the US.

ahoj - 20 Mar 2008 08:16 - 170 of 903

Another 4000 bopd adding to profit. They used to kep their cash in Euro. If true, they've made about 20% free cash (in $) since the results in December.

4000x90 = $360,000 per day

required field - 20 Mar 2008 08:25 - 171 of 903

Yes ajoj...excellent news...I'm surprised the sp has not reacted better to an increase of 4000 bopd coming !

ahoj - 20 Mar 2008 08:29 - 172 of 903

I can't get a quote to buy!

required field - 20 Mar 2008 08:33 - 173 of 903

Very wide spread at the moment...banks in turmoil possibly ?

ahoj - 20 Mar 2008 09:10 - 174 of 903

DGO has enough cash to buy big banks, like Bear sterns.

niceonecyril - 20 Mar 2008 09:18 - 175 of 903

Settled down now,
3000 @ 456.5p offer
2000 @ 452.57p bid
This against 150 @ 462.5/452.5p,so the latest news may have stopped the rot?
cyril

niceonecyril - 25 Mar 2008 08:38 - 176 of 903

The type of news that DGO's management will welcome.
http://www.worldbulletin.net/news_detail.php?id=19856
cyril

required field - 25 Mar 2008 10:46 - 177 of 903

Can't always go by this ; but, : head and shoulders forming ?

niceonecyril - 25 Mar 2008 11:10 - 178 of 903

RF; i think you'll find their are some very high level discussions taking place, and
if we get the right result the SP will take off once again? Actually sold last week at
452p and re-entered at 429p so i quite happy, along with a more positive market i feel comfortable with this stock.
cyril

required field - 25 Mar 2008 11:16 - 179 of 903

I also like this stock, but what has always been in the back of my mind is : I hope president Bush does not decide a little military expedition against the Iranians because I think DGO's oil is routed through Iran and they could pull the plug in this case !

automatic - 25 Mar 2008 13:43 - 180 of 903

RF
If Bush came up with that idea he would be terminated very quickly

automatic - 25 Mar 2008 13:43 - 181 of 903

RF
If Bush came up with that idea he would be terminated very quickly, not by the Iran's i might add but much nearer home

required field - 25 Mar 2008 16:00 - 182 of 903

Well I hope it doesn't come to a strike but in this world don't rule anything out !

ahoj - 25 Mar 2008 21:58 - 183 of 903

Bush prefers to gain access to Iran's market. Anyway, Iran's oil consumption is ncreasing so fast that they may need to import oil in a couple of years.

niceonecyril - 31 Mar 2008 19:57 - 184 of 903

http://www.upi.com/International_Security/Energy/Analysis/2008/03/28/analysis_uk_firm_to_audit_turkman_gas/2382/
Its the article on the left hand side headline uk firm to audit gas.
cyril

ahoj - 03 Apr 2008 08:26 - 185 of 903

naket trader has good interest in this baby.. Should see 12 this year IMO

ahoj - 07 Apr 2008 15:05 - 186 of 903

Oil is moving up again. Every $ change represent $30,000 a day for DGO.
http://biz.yahoo.com/ap/080407/oil_prices.html

No wonder some buys are at substantialy higher prices.. 39K at 451 while the price is 447
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