Dragon Oil PLC DGO Transaction in Own Shares

  Dragon Oil PLC (DGO) - Transaction in Own Shares

RNS Number : 5732P
Dragon Oil PLC
26 October 2012


                        Dragon Oil plc ("Dragon Oil")

                                      

                          Transaction in Own Shares

                                      

Dragon Oil announces  that on 25  October 2012 it  purchased for  cancellation 
235,924 of  its  ordinary  shares  pursuant  to  the  irrevocable  arrangement 
(without Company discretion)  that it entered  into with Nomura  International 
plc and J&E Davy. The highest price  paid was 571.00 GB pence and the  lowest 
price paid was 564.50 GB pence. Following the above purchase, Dragon Oil will
have 489,462,394 ordinary shares in issue.



The purchase noted above concludes the US$200 million share buy-back programme
announced on the 6 June 2012.





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For further information please contact:

Investor and analyst enquiries

Dragon Oil plc (+44 (0)20 7647 7804)

Anna Gavrilova

Media enquiries

Citigate Dewe Rogerson (+44 (0)20 7638 9571)

Martin Jackson



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

END


POSEASESAESAFFF -0- Oct/26/2012 06:00 GMT
 
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