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.

            Red = 25 day moving average.           Green = 200 day moving average.

also tension has been in middle east since terrorists called blair and bush invaded iraq....which afected pakistan, syria etc

the world is a mess.....and western world is in real danger of being taken over by russia, china etc........communist brutality here we come.

Probably the world will be fairer with the Communist in power

russia and china have shown dreadful human right abuses in last century. in fact china has shown terrible animal right abuses too.

i said about 5 years ago that i didnt think the world would last about another 50 years.....its not like old days where guns, bayonets were used....next major war is the end. so who cares about shares or anything when we get to that

How far can Forward PE go down. It's just above 4 now.

Someone recognized the value of IEC yesterday.

Yes ahoj....I always thought that DGO might be taken out...!.

no, no-one is getting my shares hyleo.......this is at least a 2 year hold

even stupid stock market will have to realise fundamentals in the end

US is going to meet Iranians this week to ... hopefully resolve the issues.
http://www.moneyam.com/action/news/showArticle?id=3102514

http://moneyam.uk-wire.com/cgi-bin/articles/200807160700041350Z.html

Increased production with the RNS today; but still not the flavour of the month this stock...!.

obviously the driilling results were considered pretty poor

Their record has been great. They have always improved production rate.
Watch this section: http://biz.yahoo.com/ap/080716/cleveland_cliffs_alpha_natural.html
bids coming at over 50% higher than the current prices...

http://uk.biz.yahoo.com/080716/214/i3a0z.html
That's about 100,000 more profit a day.

Well that solves the Iran problem....soon oil will only go through Turkmenistan !.

dgo had many posibilities.......iran should never have been an issue with sp.....sp manipulated for any excuse....vol, oil price, iran....its pathetic.

anyway in a year or so, this will be 7 quid plus

sorry old son, but you really cannot just ignore the tinderbox of iran albeit that some sort of uneasy compromise may be sorted out in the coming months ...... which may or may not hold up for more than 2/3 months!

i aint bothered about iran issue with dgo.........as for any planned attack on it, well i dont think we will be worrying about shares somehow.......i imagine end of world looming

it aint an uneasy compromise.....do u know anything about dgo? i seriously doubt it

not really other that it seems quite a promising little oily .... however, if i have understood correctly, much of its potential has close connections to iran

no cynic

one of its routes could be through iran......but they have russia and caspia as alternatives

and they will be producing more in future.....and oil price aint been factored in at all

next 2 years of holding and these prices will be laughed at

in that case, perhaps the plunge is quite strange and/or overdone.
however, if DGO not actually producing, then today's oil price is not strictly relevant.
and no, assuming all calms down etc, then would not disagree that DGO may well prove to be one of the better minnows in the next couple of years