Dragon Oil PLC Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.4168146 http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4168146&action=detail Thu, 21 Aug 2008 13:53:00 GMT MoleMan99 tag:iii.co.uk,2003:tst.4168140 http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4168140&action=detail Thu, 21 Aug 2008 13:50:00 GMT fagen tag:iii.co.uk,2003:tst.4168126 http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4168126&action=detail Thu, 21 Aug 2008 13:45:00 GMT beetnikz tag:iii.co.uk,2003:tst.4168125
I do not know what figures you are using, perhaps the ones relating to your particular posting. The numbers on which I based my message relate to all the votes on the subject in question. If you do the same, you will see there is a much larger variation. However I did concede it is not entirely scientific.

Can you advise me why you asked whether I personally have met the Chairman?

With regards,

CL

By CompetaL ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4168125&action=detail Thu, 21 Aug 2008 13:44:00 GMT CompetaL tag:iii.co.uk,2003:tst.4167958
History is just a guide of course.

Love to see some suprise news on other assets, or something else to do with the cash to diversify the risk. By MoleMan99 ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167958&action=detail Thu, 21 Aug 2008 12:20:00 GMT MoleMan99 tag:iii.co.uk,2003:tst.4167919
I know some posters think the DGO share price will fall back…
Fair enough, they're entitled to their opinions, but I think that if the share price has increased this much BEFORE the interim results then we could see some very rapid gains over the days following the results, and the share price getting back somewhere towards, what most of us would consider to be, a reasonably fair price.

We just need to hold above £3 for a few days to establish a good base for further rises. If we don't see this then the share price will most likely fall back...

Let's see… By mh0703 ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167919&action=detail Thu, 21 Aug 2008 12:00:00 GMT mh0703 tag:iii.co.uk,2003:tst.4167769
For a number of reasons there seems to have been a lot of oil contracts defaulted on by reason of force majeure recently (Georgia, Hurricaines, Nigeria, etc).. I'm wondering if anyone knows what happens with these contracts on the exchange.. specifically people who have recently bought oil contracts at low prices (compared with a month ago) will presumably not be getting their oil? What if they bought their oil contract from a shorter rather than direct from the producer? Does the contract still default or does the shorter have to source a new contract from somewhere?

I guess what I'm wondering is if (conspiracy theory here) someone knew a lot of oil contracts were going to default and so sold them short knowing that they would never have to deliver, thus lowering the price of oil. Is that possible?

By Axel-F ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167769&action=detail Thu, 21 Aug 2008 10:43:00 GMT Axel-F tag:iii.co.uk,2003:tst.4167763
2 against and 1 for is hardly a landslide, anyway let's see the price in 2-3 months.

CASHLESS

PS Have you ever met Hussain Sultan? By CASHLESS ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167763&action=detail Thu, 21 Aug 2008 10:40:00 GMT CASHLESS tag:iii.co.uk,2003:tst.4167760
Regards,

CL By CompetaL ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167760&action=detail Thu, 21 Aug 2008 10:37:00 GMT CompetaL tag:iii.co.uk,2003:tst.4167672
Now i have to decide if i should be taking out another spread bet or wait to see if the price will fall back! Why does nothing ever go as you expect with DGO, blue 2 days in a row what is the world comming to?

I have not checked but i believe we have not seen 2 blue days in a row for over a month.

Off to sit with a wet towel over my head and rethink my strategy!! If only it were really as simple as buy low sell high! By redagen ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167672&action=detail Thu, 21 Aug 2008 09:46:00 GMT redagen tag:iii.co.uk,2003:tst.4167616 http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167616&action=detail Thu, 21 Aug 2008 09:24:00 GMT Nathan9 tag:iii.co.uk,2003:tst.4167601 "OK but can you please get them out of the way before we announce our interim results" By eddiew ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167601&action=detail Thu, 21 Aug 2008 09:17:00 GMT eddiew tag:iii.co.uk,2003:tst.4167566 http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167566&action=detail Thu, 21 Aug 2008 09:04:00 GMT Nathan9 tag:iii.co.uk,2003:tst.4167527
Most oilies are trending upwards with oil. The interims tomorrow may spike to 330 as it did with the last results, but after that spike the selling by JB started, which was very disappointing for all new investors and one that had toppped up at 300 expecting a strong rise. The rise had been lost in one day

The question is why are JB selling? they are selling to recover cash and will know that there is a price rise in the wings. My feeling is they will wait until after tomorrow to sell in volume and make use of tomorrows interims to get a better price. I am holding off buying I see this going up and then going down back to 280 then a string rise by November.

It does depend on the oil direction though, and i think oil is due for one more dip after a short rise to 120.

MS By master shanus ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167527&action=detail Thu, 21 Aug 2008 08:48:00 GMT master shanus tag:iii.co.uk,2003:tst.4167505
Drilling update

Analyst: Gerry Hennigan

Ahead of the release of H108 results tomorrow, Dragon provided a drilling update yesterday outlining the latest results from its ongoing development programme. WellA/129 yielded a combined initial flow rate of 2,123 bopd and while that is below the average of 3,247 bopd from the seven wells drilled from the LAM A platform to date, the statement added that management is confident that it will meet both its target for wells drilled and production for 2008. The latter has been set at 25% growth in average gross production YoY, which would suggest a FY08 outturn of 40 kbopd, in line with our current estimates. Significantly, it anticipates a further two development wells to be drilled prior to year-end, with the Iran Khazar rig due to complete a well (22/130) in October and the CIS-1 rig to bring another well (22/130) into production in November.

http://www.goodbody.ie/news/morn.html#3 By Baresi33 ]]> http://www.iii.co.uk/investment/detail?code=cotn:DGO.L&display=discussion&id=4167505&action=detail Thu, 21 Aug 2008 08:36:00 GMT Baresi33