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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.

niceonecyril - 12 Dec 2007 11:59 - 29 of 903

DGO flying this am 345/346p
cyril

syd443s - 12 Dec 2007 14:12 - 30 of 903

350 now :-D 4 here we come!

halifax - 12 Dec 2007 16:05 - 31 of 903

5 more like it!!

lelael - 03 Jan 2008 10:07 - 32 of 903

Breakout 4 here we come.

niceonecyril - 03 Jan 2008 10:44 - 33 of 903

A bit of post 31 will do?
cyril

ahoj - 03 Jan 2008 11:48 - 34 of 903

Eight month ago, I suggested a target of 12 by end 2008

required field - 03 Jan 2008 18:07 - 35 of 903

If this one is producing as much as I think it is there could be no stopping it all the way to Four Pounds fifty.

niceonecyril - 04 Jan 2008 07:13 - 36 of 903

http://www.investegate.co.uk/Article.aspx?id=200801040700220427L
The reason for yesterdays rise? Over 40,000bopd achieved.
cyril

ahoj - 04 Jan 2008 08:30 - 37 of 903

The management is great.. That's combined with luck... If I am not mistaken, a $1 oil price rise mean $40000 more revenue and about $25000 more profit a day.

ahoj - 04 Jan 2008 10:19 - 38 of 903

Chairman Hussain M. Sultan said the board looks forward to 2008 with continued optimism. He added that the company recently concluded 'a very positive meeting' with the president of Turkmenistan which bodes well for the company's plans to utilise the considerable gas resources contained in the Cheleken contract area.

niceonecyril - 04 Jan 2008 11:33 - 39 of 903

We have 4.
cyril

carsie68 - 04 Jan 2008 11:44 - 40 of 903

According to the Interim Report to 30/6/07 there are price hedges in place for part of the production for 2007 and 2008 despite the company having cash and no debt so a higher oil price wont translate wholly into an equivalent profit increase, or am I missing something? The company is certainly doing very well.

required field - 04 Jan 2008 11:54 - 41 of 903

All you can say is WOW!

required field - 07 Jan 2008 12:11 - 42 of 903

Real wonder stock this, Robbie Burns also in this.

cynic - 07 Jan 2008 12:14 - 43 of 903

brilliant performance on a real lacklustre day, and not a stupid spread either

mitzy - 07 Jan 2008 12:48 - 44 of 903

We are looking at 1000p a share sometime in the future.

cynic - 07 Jan 2008 14:03 - 45 of 903

based on what and before i die or before you die?

mitzy - 07 Jan 2008 15:33 - 46 of 903

Good question I was tipped this by my broker in 1999 or 2000 when it was a penny share and what did I do..?

cynic - 07 Jan 2008 15:43 - 47 of 903

and what other shares did he then tip and how many of them are still going strong today? ..... we all have selective memories!

required field - 07 Jan 2008 16:25 - 48 of 903

There was once a little company called Microsoft in 1978..........!
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