Frequently Asked Questions

Dragon Oil & Gas Limited is a corporate group incorporated in England & Wales (Company No. 17181570), with its registered office in London. The group operates through a combination of wholly owned subsidiaries and joint-venture vehicles established in the relevant host jurisdictions across Africa, structured to comply with both UK corporate law and local regulatory requirements.

We offer a range of co-investment structures including equity participation in specific project vehicles, project finance co-lending arrangements with development finance institutions, offtake and royalty financing agreements, and advisory mandates with performance-linked compensation. Each structure is tailored to the risk profile and regulatory constraints of the partner institution. We encourage prospective partners to contact our London desk to discuss their specific mandate.

Risk management is embedded in our project selection and structuring methodology. We conduct in-depth political economy assessments before entering any jurisdiction, maintain ongoing relationships with regulatory authorities and host governments, and structure contracts and vehicles to maximise enforceability under international arbitration frameworks. We also work with leading political risk insurers and development finance institutions to provide additional layers of protection for our partners.

As a UK-registered private limited company, Dragon Oil & Gas files annual accounts with Companies House in accordance with UK Companies Act requirements. Project-level financial reporting is provided to co-investors and lenders under the terms of the relevant investment or loan agreements. Institutional partners and prospective investors may request consolidated management accounts and project-level financial summaries through our investor relations desk.

Dragon Oil & Gas has active project positions and advisory mandates across West, Central, and East Africa, with a particular focus on jurisdictions that offer a combination of proven resource endowment, functional legal frameworks, and supportive investment climates. Current operational footprint includes Burkina Faso, the Democratic Republic of Congo, Senegal, Togo, and Guinea, with project development activity in several additional countries. We evaluate new jurisdictions on a continuous basis.

Our mining activities focus primarily on gold, copper, cobalt, lithium, and other strategic and critical metals that are central to the global energy transition and to industrial development. In the hydrocarbons segment, we work across crude oil, natural gas, and LPG. Our energy infrastructure activities are commodity-agnostic, supporting both renewable and conventional energy generation and distribution. The full list of target minerals is available in our Target Minerals section.

Community engagement is treated as a core project discipline, not an afterthought. We conduct baseline socioeconomic surveys and free, prior, and informed consent (FPIC) processes before commencing field operations. We prioritise local employment and procurement, invest in community infrastructure programmes, and establish community liaison committees with independent oversight. Our approach is aligned with IFC Performance Standards and the UN Guiding Principles on Business and Human Rights.

Dragon Oil & Gas applies an integrated ESG framework aligned with the IFC Performance Standards, the Equator Principles, and the EITI (Extractive Industries Transparency Initiative) standards. At the corporate level, we report against GRI (Global Reporting Initiative) indicators and maintain a Board-level ESG committee responsible for oversight. Each project undergoes an Environmental and Social Impact Assessment (ESIA) conducted by independent consultants, with monitoring plans embedded in operational licence conditions.

As a UK-registered entity, Dragon Oil & Gas is subject to the UK Bribery Act 2010, one of the most stringent anti-corruption legislative frameworks in the world. We have implemented a comprehensive compliance programme including mandatory anti-bribery and anti-corruption (ABAC) training for all staff and contracted agents, a whistleblower protection policy, due diligence screening of all third-party intermediaries, and an independent compliance function reporting directly to the Board Audit Committee.

The Board of Dragon Oil & Gas comprises executive directors with operational responsibility and independent non-executive directors who provide external oversight and challenge. Board committees include an Audit & Risk Committee, an ESG & Sustainability Committee, and a Remuneration & Nominations Committee. Details of the Board composition and committee membership are available in the Leadership section of this website and in the annual filings with Companies House.

Yes. Dragon Oil & Gas has a formal Responsible Sourcing and Conflict Minerals Policy aligned with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. We conduct supply chain due diligence on all mineral offtake and trading activities, work exclusively with verified counterparties, and require chain-of-custody documentation for all strategic metals handled or traded through our operations.