Dragon Oil Live Discussion

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wizard47 20 Aug 2015

Re: Any Recommendations for Alternative Shar... I started investing in Dragon when it was coppers and kept putting in a few hundred pounds a time and it has finally come good.A similar story could happen with BPC which MAY drill for oil in the Bahamas within the next 2 or 3 years if the Bahamas Petroleum regulations become law and if BPC find a farm in partner.2.25p to buy but its a risky punt so DYOR before you decide to invest or otherwise.Read the BB which will give you the pros and cons according to which camp is posting! The BPC website is also informative about where they plan to drill and the potential oilfield they think is down there.

oilinvestor85 19 Aug 2015

Any Recommendations for Alternative Shares? I have been a holder here since 2009 (26 February 2009 to be precise) the day that they announced that they found financial irregularities by former senior managers. The price dropped below the 120s that day. I have bought more all the way to 606.6p and I haven't looked back since. This has been one of my best shares I have ever bought (only Caracal and Coastal Energy come close and they were both taken over)! My Question is does anyone have any suggestions for other companies that I should research as a potential replacement for DGO? I am looking for an investment that can grow and deliver dividends similar to DGO? The Criteria I have in mind is as follows:Oil ShareNo Debt or hidden commitments Currently in production or will be producing in a short time frame (No Pure Explo Punts Thanks!).Cash Rich (at least 15% of the market cap is covered by cash).Relatively low break even oil price (Profitable at $30/ bbl).Is projected to increase production over the next 3 years.Some Exploration exposure to compliment current reserves would be nice (but not essential).Proven Competent Management Team.A dividend would be nice (but not essential).Ideally Operating in a stable environment (No to Kurdistan thanks!! Although Genel may be worth a look )Is not regarded as "Nigerian" or "Russian" (Simple preference based on previous experience)..Anyone have any suggestions ? I currently have large holdings in XEL, Range Resources, Soco International, Chariot Oil and Gas and Dragon Oil PS: I know most of the companies above don't meet the criteria I have specified. They were bought in a better oil price environment.I have been researching Ophir, Genel, Cairn, Premier and Enquest. Ophir and Cairn are the only 2 that meet most of the criteria Any other suggestions for finding a new star to replace DGO in my portfolio?

tobycups 17 Aug 2015

Payment The letter from Saif Al Falasi( CEO_ENOC) says "settlement.......will be effected...for acceptances by 2 August, within 14 days"

Deal Hoy 17 Aug 2015

Re: Im Paid Cheque from Capita drawn on the London City Office of the RBS arrived this morning.

Number Seven 17 Aug 2015

Re: Im Paid MH0703, I'm in the same boat as you. Apparently, those who ejected the 1st offer but accepted the 2nd, will have to wait until 7th Sepember. It may be worth clarifying with them though

mh0703 16 Aug 2015

Re: Im Paid That's great to hear!I really liked your posts along with Stoater and Downes (who was the best).I'm also with Selftrade, accepted the offer last week but haven't been paid?Is that possible?

pfelix 15 Aug 2015

Does anyone know the correct address to send the acceptance form to? I seem to have misplaced the return envelope (if there was one!). Thanks

pannon 15 Aug 2015

Im Paid Hargreaves account credited...Nice little earner ...some CGT to pay however on share account. But what do I do with that large sum in my ISA account. With oil prices predicted to go even lower for longer who has any bright ideas ...Best to All

Persian Gulf Investor 14 Aug 2015

Re: Money Accepting the offer. My shares haven't been available to trade since the end of July. Selftrade explained that they were withdrawn following my acceptance of the earlier offer.

WelshDragon 14 Aug 2015

Re: Money excuse me for asking but was that a private sell on the market, or yo accepting the offer?

pfelix 14 Aug 2015

Does anyone know the correct address to send the acceptance form to? I seem to have misplaced the return envelope (if there was one!). Thanks

acgm33 14 Aug 2015

Re: Money Just got mine (iii)

Persian Gulf Investor 14 Aug 2015

Re: Money Just got my money from Selftrade 2 minutes ago!

WelshDragon 14 Aug 2015

Re: Money THAT would be nice, would that be the account the dividend used to go into?,

me1229 13 Aug 2015

Re: Money E-mailed HL re payment. Reply was that funds would be credited to my account on or about 17 Aug.

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