Dragon Oil

Dragon Oil plc
Public limited company
Traded as ISEQ: DRS, LSE: DGO
Industry Oil
Founded 1971
Headquarters Dubai
Key people
Mohammed Al Ghurair(Chairman)
Abdul Jaleel Al Khalifa (CEO)
Revenue $ 1,155.1 million (2012)[1]
$ 790.9 million (2012)[1]
$ 600.0 million (2012)[1]
Website www.dragonoil.com

Dragon Oil plc is an independent international oil and gas exploration, development and production business. It is based in Dubai and is listed on the Irish Stock Exchange.

History

The company was established Oliver Prospecting & Mining Co. Limited in Ireland by Dr. Oliver Conor Waldron in 1971.[2] It changed its name to Dragon Oil in 1993 and invested in the Cheleken oilfield.[2] ENOC bought a major stake in the company in 1998 and between 2002 and 2005 Dragon Oil raised capital for exploration.[2]

Operations

Its principal producing asset is at Cheleken, in the eastern section of the Caspian Sea, offshore from Turkmenistan.[3] It is also involved in exploration activities in Tunisia.[4]

References

External links