Search results for: Dragon Oil

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  • 15 June 2015

    Emirates National Oil Company Ltd. (ENOC) has launched an offer to buy all Dragon Oil shares it doesn’t already own. ENOC already owns approximately 53.9 per cent of the existing share capital of Dragon Oil. Dragon Oil is an independent oil and gas exploration and production company with its main asset being the Cheleken contract area in the […]

  • 7 September 2010
    Project & Tenders

    Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/147 development well. The well, which is the second in a series of wells to be drilled from the Dzheitune (Lam) 28 platform, was drilled to a depth of 3,400 metres on […]

  • 21 August 2015
    Business & Finance

    Emirates National Oil Company Ltd. (ENOC) is a month away from taking over the Irish-listed oil explorer and producer Dragon Oil.   ENOC, which in July 2015, offered 750 pence per Dragon share, and on August 2, 2015, boosted it to 800 pence in cash for each Dragon Oil Share, now has 41.9 per cent […]

  • 29 February 2012
    Business & Finance

    Dubai based Dragon Oil, an independent oil and gas exploration, development and production company with producing assets offshore Turkmenistan, today announced it was no longer interested in Bowleven takeover. Two weeks ago, Dragon Oil released a statement which said that the company was exploring options to purchase all Bowleven’s shares, in order to expand its […]

  • 13 July 2011
    Business & Finance

    Dragon Oil plc, an international oil and gas exploration and production company, announces that the Group has recently refitted the previously stacked Rig 40 and commenced drilling on the Dzheitune (Lam) 13 platform. The rig has spudded the Dzheitune (Lam) development well 13/160, the first of four wells planned to be drilled from this platform. […]

  • 29 November 2013
    Business & Finance

    Dragon Oil plc, an international oil and gas exploration, development and production company, announces that it has been notified by Ganoub El Wadi Holding Petroleum Company (Ganope), one of the main entities of the Petroleum Ministry responsible for all exploration and production activities in the southern part of Egypt, that the Company’s offer for Block […]

  • 6 October 2014

    Irish oil and gas exploration company Petroceltic is in detailed discussions regarding a possible offer to be made by Dragon Oil to take over the company. In a statement issued today, Petroceltic said that Dubai-based Dragon Oil has submitted to the Board of Petroceltic proposed offer terms of 230 pence sterling in cash per Petroceltic share. […]

  • 10 May 2011
    Business & Finance

    Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/154 development well. The Dzheitune (Lam) 28/154 well was drilled to a depth of 1,830 metres and completed as a single producer by the NIS rig. The initial test result from the […]

  • 29 November 2013

    Dragon Oil plc has been notified by Ganoub El Wadi Holding Petroleum Company (Ganope), one of the main entities of the Petroleum Ministry responsible for all exploration and production activities in the southern part of Egypt, that the Company’s offer for Block 19 in the Gulf of Suez, Egypt, has been initially accepted. This acceptance […]

  • 17 February 2012
    Business & Finance

    Bowleven, a West Africa focused oil and gas company, based in Edinburgh saw its shares rise some 70% driven by speculation of a possible takeover by Dragon Oil. The shares  rose to 133.67  pence at 12:18 GMT, which represents a five month high. Dubai based, Dragon Oil released a statement in which it says that […]

  • 16 January 2014
    Business & Finance

    Dragon Oil plc, an international oil and gas exploration, development and production company, announces that it has signed a farm-in agreement with Nido Petroleum Philippines Limited for Service Contract 63 (SC 63) NW Palawan Basin, offshore the Philippines. Under the terms of the agreement, the farm-in will be completed as a two-stage process, with Dragon […]

  • 17 June 2011
    Business & Finance

    Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/156 development well. The Dzheitune (Lam) 28/156 well reached a depth of 2,000 metres and was completed as a single producer by the NIS rig. The initial test result from the well […]

  • 11 October 2011
    Business & Finance

      Dragon Oil plc, an international oil and gas exploration, development and production company, announces that it has signed a farm-in agreement with a wholly owned subsidiary of Cooper Energy Limited through which Dragon Oil is to earn a 55% participating interest in and, in any development phase, assume operatorship of the Bargou Exploration Permit, […]

  • 3 June 2011
    Business & Finance

    Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) B/155 development well, the sixth well drilled from the Dzheitune (Lam) B platform. The well was designed as a delineation-development well to reach the furthermost western area of the Dzheitune (Lam) West […]

  • 3 October 2013
    Business & Finance

    Dragon Oil plc, an international independent oil and gas exploration, development and production company, today announces that it has awarded a contract to BKE Shelf Ltd for the lease and management of two LeTourneau S116E jack-up rigs, Neptune and Mercury, in the Cheleken Contract Area, Turkmenistan. The contract is for a total period of three […]

  • 21 September 2011
    Business & Finance, Project & Tenders

    Dragon Oil plc , an international oil and gas development and production company, announces the completion and initial testing of the Dzheitune (Lam) B/159 development well. The well was drilled to a depth of 2,900 metres and completed as a single producer by the Iran Khazar rig. The initial test result from the well was […]

  • 27 February 2012
    Business & Finance

    Dragon Oil plc, a Dubai-based international oil and gas exploration, development and production company, announces the successful completion and initial testing of the Dzheitune (Lam) 28/166 development well, off the coast of Turmenistan. The well, located in the Caspian sea was completed with a single string to a depth of 2,810 metres and tested for […]

  • 20 July 2010
    Project & Tenders

    Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of both the Dzheitune (Lam) 13/144 and 28/146development wells together with the sidetrack of the Dzheitune (Lam) A/129 well. Dzheitune (Lam) 13/144whichwas drilled to a depth of 3,434metres on a single completion basis by Rig 40,tested […]

  • 9 December 2010
    Business & Finance, Equipment

      Dragon Oil plc , an international oil and gas exploration and production company, announces the completion of key infrastructure projects being the 30-inch 40 km trunkline and Phase II expansion of the Central Processing Facility (“CPF”). The 30-inch 40 km trunkline, which runs from Block II to the CPF, has been completed and commissioned. […]

  • 16 July 2012
    Business & Finance, Project & Tenders

    Dragon Oil plc, an international oil and gas exploration, development and production company, announces that Cooper Energy Limited (“Cooper Energy”), on behalf of the Bargou Joint Venture, has entered into a legally binding Letter of Intent with Grup Servicii Petroliere SA (GSP) with respect to the rig contract for the jack-up rig “GPS Jupiter” to […]

  • 21 February 2012
    Business & Finance

    UAE-based Dragon Oil plc has strengthened of its Board of Directors with the appointment of Mr Thor Haugnaess as an additional Independent Non-executive Director to the Board of the Company. So as to facilitate his election under the Company’s Articles of Association, it is planned to co-opt Mr Haugnaess to the Boardwith immediate effect. Mr […]

  • 1 November 2010
    Business & Finance, Project & Tenders

    Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) B/148 and 28/149 development wells. The Dzheitune (Lam) B/148, the third well in a series of wells to be drilled from the Dzheitune (Lam) B platform, was drilled to a depth of […]