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Dragon Oil is planning to raise £87m in a share placing to fund the development of its oil and gas fields in Turkmenistan. 02-May-2005 Dragon Oil is raising £15m to fund the development of offshore fields in Turkmenistan. 05-Nov-1999 Emirates National Oil has acquired a 46% stake in Dragon Oil, and now plans to buy the remaining stake in a deal that values the Irish-based oil explorer at £52m. 27-Nov-1998 Dragon Oil is undergoing a strategic review following the announcement that its Indonesian chairman wants to sell his 46% stake. 23-May-1998 Dragon Oil has agreed an oil swap deal with the National Iranian Oil Company in which it will deliver Caspian crude to NIOC in return for Iranian light crude from the Persian Gulf. 31-Mar-1998 Dragon Oil is planning to invest about £27m on the development of new wells in Turkmenistan this year, and wants to set up a gas pipeline to Kazakhstan. 07-Mar-1998 Dragon Oil has announced a gas discovery in the Gulf of Thailand, in conjunction with its partner Texaco. 20-Dec-1997 Dragon Oil has raised £1.5m from the sale of its remaining US offshore oil and gas producing assets, namely West Cameron 368 and Ship Shoal 222/225 in the Gulf of Mexico. 19-Dec-1997 Dragon Oil is acquiring Larmag Energy Partners' 25% stake in LEA, the vehicle for Dragon's joint venture in Turkmenistan, for £16m. 12-Nov-1997 Dragon Oil has announced that it expects to start preparation for new drilling in Turkmenistan in spring, while drilling on a natural gas field in Thailand will start in late November. 31-Oct-1997 Dragon Oil is to raise about £65m in a rights issue in order to fund the development of fields in the Caspian Sea. 07-Jun-1997 Dragon Oil of Dublin is planning a reverse takeover of Larmag Energy Assets, funded by a £50m placement. 08-May-1996 Dragon Oil of Dublin has agreed funding with the Turkmenistan government over the development of the Caspian Sea's Larmag Chelekan project. 04-Jan-1996
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