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Message: NR 6/4/09 possible takeover

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NR 6/4/09 possible takeover

posted on Jun 04, 09 11:35AM

The Board of Dragon Oil plc, an international oil and gas exploration and production company , announces that it has received an approach in relation to a possible offer for the Company (the "Appr oach"). The Approach is of a preliminary nature and there can be no certainty that any offer will be made or as to the terms of any such offer, should one be forthcoming.

SP jump today on news $1.50. Looks like a hold for TO...I was planning on taking my cost out of $2.00...what do I do!

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