Share Name Share Symbol Market Type Share ISIN Share Description
Dominion Pet LSE:DPL London Ordinary Share BMG2897M1064 COM SHS USD0.00004 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 7.25p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -38.5 -2.7 - 115.26

Dominion Pet Share Discussion Threads

Showing 5176 to 5190 of 5200 messages
Chat Pages: 208  207  206  205  204  203  202  201  200  199  198  197  Older
DateSubjectAuthorDiscuss
02/2/2012
07:45
Dominion Petroleum Limited 02 February 2012 CORRECTION - THIS ANNOUNCEMENT REPLACES THE ANNOUNCEMENT RELEASED AT 7.31AM, WHICH WAS RELEASED IN ERROR NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION For immediate release 2 February 2012 RECOMMENDED OFFER for Dominion Petroleum Limited ("Dominion") by Ophir Energy plc ("Ophir") Sanction of the Scheme by the Bermuda Court On 13 October 2011 the Boards of Dominion and Ophir announced that they had reached agreement on the terms of a recommended offer to be made by Ophir to acquire the entire issued and to be issued share capital of Dominion (the "Acquisition"). As explained in such announcement, it is intended that the Acquisition be implemented by way of a scheme of arrangement between Dominion and its shareholders under section 99 of the Companies Act 1981 of Bermuda (the "Scheme"). On 12 December 2011, the Scheme was approved by the requisite majority of the Dominion Shareholders. Dominion is pleased to announce that yesterday the Supreme Court of Bermuda issued a Court Order sanctioning the Scheme. The Court Order sanctioning the Scheme is today to be delivered to the Registrar of Companies in Bermuda and, upon delivery, the Scheme will become effective and Ophir will become the sole shareholder of Dominion. On the basis of the Closing Price of 295.1 pence per Ophir Share on 1 February 2012 (being the last business day prior to the release of this announcement): -- the Acquisition values the entire issued and to be issued share capital of Dominion and the Convertible Notes at approximately GBP138.6 million (US$219.7 million) and each Dominion Share at 7.2 pence per share; and -- the Acquisition represents a premium of approximately 100.0 per cent. to the Closing Price of 3.6 pence per Dominion Share on 12 October 2011 (being the last business day prior to the release of the Announcement made on 13 October 2011). In accordance with the revised timetable of principal events set out in the announcement released by Dominion on 27 January 2012, the New Ophir Shares to be issued to Dominion Shareholders pursuant to the Scheme shall be admitted to trading, and trading in such shares shall commence, at 8.00 a.m. on 3 February 2012. Now that the Scheme has been sanctioned by the Court, Dominion Shares and DIs will be suspended from trading this morning at 7.30 a.m. and cancellation of admission to trading of Dominion Shares on the Alternative Investment Market is expected to take effect on 3 February 2012. In anticipation of completion of the Acquisition, James Keyes and Gregory Tolaram, have resigned from their roles as non-executive directors of Dominion.
baronstjohn
02/2/2012
07:37
For immediate release 2 February 2012 RECOMMENDED OFFER for Dominion Petroleum Limited ("Dominion") by Ophir Energy plc ("Ophir") Consent of Minister of Energy in Kenya received On 13 October 2011 the Boards of Dominion and Ophir announced that they had reached agreement on the terms of a recommended offer to be made by Ophir to acquire the entire issued and to be issued share capital of Dominion (the "Acquisition"). As explained in such announcement, it is intended that the Acquisition be implemented by way of a scheme of arrangement between Dominion and its shareholders under section 99 of the Companies Act 1981 of Bermuda (the "Scheme"). On 12 December 2011, the Scheme was approved by the requisite majority of the Dominion Shareholders. On 12 January 2012, Dominion announced that the Court Hearing to sanction the Scheme was to be adjourned until early February 2012 as government clearances (the "Regulatory Approvals") were still in the process of being obtained. Dominion is pleased to announce that the consent of the Minister of Energy in Kenya has now been received and, as a result, the Condition set out in paragraph 3 of Part A of Part 3 of the Scheme Document has now been satisfied. As soon as practicable after all of the Conditions relating to the Regulatory Approvals have been satisfied or waived, a full revised indicative timetable, including the new last date for dealings in Dominion Shares and Depositary Interests and the new Effective Date of the Scheme, will be announced to the market
baronstjohn
02/2/2012
07:35
02 February 2012 NOTICE 02/02/2012 7:30am TEMPORARY SUSPENSION OF TRADING ON AIM Dominion Petroleum LIMITED At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 02/02/2012 7:30am, pending an announcement. Common Shares of 0.0008p each, fully paid (DI) (B4XJWM7) (BMG2897M1148) If you have any queries relating to the above, please contact the company's nominated adviser on 020 7653 4000.
baronstjohn
29/1/2012
21:33
Your point is noted oilbuy, but Dominion have played their cards so I'm looking forward not backwards and I'm comfortable with what I see. I can't see any point in discussing a hypothetical share price, but that is not to say you are wrong.
85gary
29/1/2012
18:25
Difference is Dominion did not have the cash to drill it and were fast running out of cash to survive. Raising cash in this market is not easy The share price had stagnated but since the deal with Ophir it has risen sharply. I expect it to test 7.5p again before the takeover is finalised. Looking forward to holding shares in Ophir
silverfox373
29/1/2012
13:08
Gary85 , if we were drilling block 7 ourselves where do u think the share price would be ? A lot better than it is now thats for sure .
oilbuy
29/1/2012
13:06
Yeah a disgrace , shareholder value my eye ! Ill bet theres more that 1 billion recoverable reserves of oil on block 7 . With a valuation of 100 m for block 7 and that was at the cheap end of the scale . 20 million for 20% a give away .
oilbuy
29/1/2012
01:06
oilbuy, its looking that way isn't it?
bones30
28/1/2012
23:32
Private investors sold up the river here , the most valuable east african assets given away for a song .
oilbuy
13/1/2012
08:28
Ophir Energy-Dominion court hearing adjourned 13 January 2012 | 08:21am http://bit.ly/xUELBi
intouch
05/1/2012
18:55
Cove Energy: an M&A catalyst? SOLO OIL/PETROCELTIC/BP/AFREN/DOMINION PETROEUM/OPHIR ENERGY/AMINEX January 5, 2012 6:20 pm by Keyur Patel http://on.ft.com/x12ytr
l2user
05/1/2012
11:28
Investec, potential buyers are likely to come from the Far East due to the asset's strategic position on Africa's eastern seaboard. January 05 http://bit.ly/zw2FWI
l2user
03/1/2012
13:06
Taken from last RNS Subject to satisfaction of the Conditions referred to above and, amongst other things, the sanction of the Court, it is expected that the Acquisition will be effected in accordance with the indicative timetable of principal events set out in the Scheme Document with the Scheme expected to become effective on 17 January 2012.
silverfox373
03/1/2012
08:37
What date do we transfer over?
drewxland2
03/1/2012
07:56
Interesting to see how DPL has benefited since the Ophir announcement. I was in negative territory for most of 2011, but am more than happy with the present position and prospects as silverfox hopes for.
85gary
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