Diversified Gas & Oil acquiring assets in Louisiana's Cotton Valley

30th Apr 2021 08:12

(Sharecast News) - Diversified Gas & Oil announced the $135m (£96.95m) conditional acquisition of certain Cotton Valley upstream assets and related facilities, primarily in the US state of Louisiana, from Indigo Minerals on Friday.

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Cash hedge settlements underpin final numbers for Diversified Gas & Oil

8th Mar 2021 08:19

(Sharecast News) - Diversified Gas & Oil reported adjusted total revenue of $553m in its final results on Monday, which was up 8% year-on-year.

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Diversified Gas & Oil maintains borrowing base and costs

23rd Nov 2020 08:58

(Sharecast News) - Diversified Gas & Oil announced on Monday that its bank lending group, led by KeyBank National Association, has completed the semi-annual redetermination of its senior secured credit facility, and reaffirmed the existing $425m borrowing base.

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Diversified Gas & Oil signs $1bn funding deal with Oaktree

5th Oct 2020 07:45

(Sharecast News) - Diversified Gas & Oil has signed a deal with Oaktree Capital Management for Oaktree to provide up to $1bn (£775m) for acquisitions amid stressed energy markets.

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Diversified Gas & Oil maintains dividend despite recent volatility in oil prices

4th May 2020 13:13

(Sharecast News) - Natural gas group Diversified Gas & Oil said on Monday that it would be paying out dividends despite recent volatility in global energy markets.

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Diversified Gas & Oil to buy Carbon Energy Appalachian assets

8th Apr 2020 16:20

(Sharecast News) - Natural gas, natural gas liquids, oil wells and midstream assets owner and operator Diversified Gas & Oil has signed a conditional purchase and sale agreement to acquire certain conventional Appalachian upstream and midstream assets from Carbon Energy Corporation and its affiliates, it announced on Wednesday.

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Director dealings: DGOC executives up stakes

5th Feb 2020 15:08

(Sharecast News) - Diversified Gas & Oil revealed on Wednesday that chief executive Robert Hutson had bought 160,000 ordinary shares in the AIM-listed crude producer.

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Diversified Gas & Oil buys two natural gas systems in US

27th Sep 2019 15:36

(Sharecast News) - United States-based natural gas, oil well and midstream assets owner and operator Diversified Gas & Oil confirmed on Friday that it has completed the purchase of two separate natural gas gathering systems in Pennsylvania and West Virginia.

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Diversified Gas and Oil agrees to acquire two US-based natural gas gathering systems

27th Aug 2019 08:17

(Sharecast News) - Diversified Gas and Oil has entered into binding agreements to acquire two separate packages of "margin enhancing" natural gas gathering systems in the US.

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Sunday share tips: Diversified Gas & Oil, Water Intelligence

5th May 2019 19:26

(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Rachel Millard took a look at American ex-banker Rusty Hutson, and Diversified Gas & Oil - the producer he had mortgaged his house to get off the ground.

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Diversified Gas and Oil restates revised guidance following 'strong' Q4

31st Jan 2019 08:18

(Sharecast News) - Diversified Gas and Oil told investors on Thursday that trading in the final quarter of 2018 had "remained strong".

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Diversified G&O strikes decommissioning deal with West Virginia

4th Dec 2018 10:27

(Sharecast News) - Diversified Gas and Oil has agreed to plug, return to production or dispose of at least 50 gas and oil wells per year in the US state of West Virginia over the next 15 years.

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Diversified Gas and Oil expects results 'materially ahead' of expectations

3rd Dec 2018 08:22

(Sharecast News) - US-based production outfit Diversified Gas and Oil now anticipates full-year results to be "materially ahead" of expectations.

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Diversified Gas & Oil admitted to trading on AIM

3rd Feb 2017 15:39

(ShareCast News) - US-based gas and oil producer Diversified Gas & Oil confirmed the admission of its issued share capital to trading on AIM on Friday. The company said it followed the completion of a placing of 61 million new ordinary shares at 65p per share to raise $50m - approximately £39.7m - g

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