Dragon Oil plc is an independent oil development and production company, registered in Ireland and listed under a dual primary listing on the London and Irish Stock Exchanges. Approximately 52% of the Company’s equity is held by the Emirates National Oil Company, owned by the Government of Dubai. Dragon Oil’s principal development and production activity is the development of its asset in the Cheleken Contract Area, offshore Turkmenistan by a Group subsidiary, Dragon Oil (Turkmenistan) Limited. Dragon Oil had proved and probable oil reserves at 30 June 2008 of 645 million barrels and 3.2 trillion cuft of gas resources.
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