Corporate Broker Appointment (Dragon Oil)

Date : 05/20/2008 @ 2:00AM
Source : UK Regulatory (RNS and others)
Stock : Dragon Oil Plc (DGO)
Quote : 137.75  7.0 (5.35%) @ 4:07AM
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Corporate Broker Appointment (Dragon Oil)

    RNS Number : 8006U
  Dragon Oil PLC
  20 May 2008
   

    
    20th May 2008

    Dragon Oil plc

    Corporate Broker Appointment


    Dragon Oil plc (DGO), an international oil and gas exploration and production company, is
pleased to announce the appointment of Merrill
Lynch International as its joint Corporate Broker alongside Davy with immediate effect.


    Background Note
    Dragon Oil Plc is an innovative international oil and gas development and production
company, quoted on the London and Irish Stock
exchanges (Ticker symbol: DGO). Its principal producing asset is in the Cheleken Contract
Area, in the eastern section of the Caspian Sea,
offshore Turkmenistan and recently acquired interests in Blocks 35, 49 and R2 (10%) in the
Republic of Yemen.

    Dragon Oil (Turkmenistan) Ltd., a wholly owned subsidiary of Dragon Oil plc, holds 100%
interest in and is the operator of the
Production Sharing Agreement for the Cheleken Contract Area in the Caspian Sea, offshore
Turkmenistan. Operational focus is on the
re-development of two oil producing fields, Dzheitune (Lam) and Dzhygalybeg (Zhdanov).

    www.dragonoil.com


    For further information please contact:

    Media enquiries
    Citigate Dewe Rogerson (+44 20 7638 9571)
    Martin Jackson
    George Cazenove

    Investor and Analyst enquiries
    Dragon Oil Plc (+971 4 305 3600)
    Leanne Denman, Investor Relations Officer

This information is provided by RNS
The company news service from the London Stock Exchange
 
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