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Dragon on course to meet production targets

Dublin-listed Dragon Oil said today it was on track to reach its production target of 40,000 barrels per day (bopd) and said production for the first nine-months of the year was 32 per cent higher than the same period in 2007.

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New chairman takes over at Dragon Oil

Dragon Oil has announced that Mohamed Al Ghurair a non executive director at the exploration and production company has appointed as non executive Chairman.

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Dragon appoints new non-executive chairman

Dragon Oil, the Dubai-based oil and gas producer operating in Turkmenistan, appointed Mohamed Al Ghurair as non-executive chairman after the resignation of executive chairman Hussain Sultan.

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Dragon Oil posts 34% rise in half-year profits

Dublin-listed Dragon Oil today posted a 34 per cent increase in half-year profits on the back record crude oil prices.

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Dragon Oil boosts production by 36%

Dublin-listed Dragon Oil said this morning oil production in the first half increased 36 per cent.

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Dragon Oil tests Turkmenistan well

Dragon Oil, the Dublin-registered explorer operating in Turkmenistan, tested its Dzheitune (Lam) 22/128 development well in the Central Asian republic and said it expects to meet its output forecasts.

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Dragon appoints Al-Khalifa as CEO

Dublin listed exploration group Dragon Oil said it has appointed Abdul-Jaleel Al-Khalifa as its new chief executive, effective today.

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Dragon fired up by 63pc rise in profits to $304m

DRAGON Oil, the Dublin and London-listed oil company, yesterday reported a sharp 63pc rise in annual profits to $304m for 2007.

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Dragon Oil profits up 25%

Dragon Oil raised profits in 2007, reflecting increased oil prices and production, and promised to grow daily output by 25 per cent each year until the end of 2009.

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Dragon sees profits surge

Dragon Oil boosted full-year per-tax profits by 65 per cent amid a huge rise in sales volume and increase in realised oil prices