Diversified Gas & Oil (DGO) has once again proved it is the acquirer of choice within the Appalachian Basin, announcing a conditional purchase and sale agreement for the acquisition of a package of conventional upstream and midstream assets from Carbon Energy Corporation. The acquisition includes c.6,500 net operated wells with a 2019 daily net production of c9,900boepd, 4,700 miles of intrastate gathering pipeline, two natural gas storage fields and a robust hedge portfolio, with an average dow ....
09 Apr 2020
Cenkos: Diversified Gas & Oil Plc -- Value Accretive Opportunity
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Cenkos: Diversified Gas & Oil Plc -- Value Accretive Opportunity
Diversified Energy Company PLC (DEC:LON) | 1,070 -107.1 (-0.9%) | Mkt Cap: 509.1m
- Published:
09 Apr 2020 -
Author:
James McCormack -
Pages:
4
Diversified Gas & Oil (DGO) has once again proved it is the acquirer of choice within the Appalachian Basin, announcing a conditional purchase and sale agreement for the acquisition of a package of conventional upstream and midstream assets from Carbon Energy Corporation. The acquisition includes c.6,500 net operated wells with a 2019 daily net production of c9,900boepd, 4,700 miles of intrastate gathering pipeline, two natural gas storage fields and a robust hedge portfolio, with an average dow ....