6th Jun 2005 11:42
Dragon Oil PLC06 June 2005 Dragon Oil Plc 6 June 2005 Dragon Oil plc ("('Dragon Oil'" or "'the Company'") The Board of Dragon Oil ("'The Board'") has received an approach which may ormay not lead to a partial offer for the Company ("the 'Approach'"). The partialoffer if made would be in respect of the ordinary share capital not currentlyowned by Emirates National Oil Corporation Company Limited (ENOC) LLC (""ENOC"")which has informed the Board that it intends to retain its shareholding inDragon Oil. The Approach is preliminary in nature and thus there can be no certainty that anoffer will ultimately be forthcoming. A further announcement will be made in duecourse. ENQUIRES: Davy Corporate Finance Limited Hugh McCutcheon/Ivan Murphy Tel. +353 1 679 6363 The Directors of Dragon Oil accept responsibility for the information containedin this announcement. To the best of the knowledge and belief of the Directors(who have taken all reasonable care to ensure such is the case) the informationcontained in this announcement is in accordance with the facts and does not omitanything likely to effect the import of such information. Davy Corporate Finance Limited, which is regulated by the Irish FinancialServices Regulatory Authority, is acting for the Directors of Dragon Oil andno-one else in relation to the Approach and will not be responsible to anyoneother than the Directors for providing advice in relation to the Approach. Any person who is the holder of 1 per cent or more of any class of shares inDragon Oil may be required to make disclosures pursuant to Rule 8.3 of theTakeover Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DGO.L