Re: Director Shareholding

RNS Number:0710R
Dragon Oil PLC
20 October 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Dragon Oil plc



2. Name of director


Ian Philliskirk, Company Secretary



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest






4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


Ian Philiskirk



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


As above



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


A: Exercise of options and

B: Share Disposal



7. Number of shares / amount of stock acquired


115,000



8. Percentage of issued class






9. Number of shares/amount of stock disposed


 115,000



10. Percentage of issued class






11. Class of security


Ordinary shares of Euro0.10 each



12. Price per share


A: Exercise of Options at 11.5p sterling

B: Share Disposal at STG 37 pence



13. Date of transaction


14th and 15th October 2003



14. Date company informed


15th October 2003



15. Total holding following this notification


10,714



16. Total percentage holding of issued class following this notification






If a director has been granted options by the company please complete the
following boxes.



17. Date of grant






18. Period during which or date on which exercisable






19. Total amount paid (if any) for grant of the option






20. Description of shares or debentures involved: class, number






21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise






22. Total number of shares or debentures over which options held following this
notification






23. Any additional information






24. Name of contact and telephone number for queries


Dean Stelfox

+ 971 4 3134131



25. Name and signature of authorised company official responsible for making
this notification


D P Stelfox



Date of Notification


15th October 2003














This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.











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