Diversified Gas & Oil (DGO) has announced another strong set of numbers following the release of its H1/20 interim results. Production averaged 95,100boepd, with a June 2020 exit rate net production of 109,000boepd (including 18,700boepd from the EQT and Carbon Energy acquisitions). Despite the commodity price volatility, which saw NYMEX natural gas prices fall to a low of US$1.42/mmbtu in June, DGO recorded Adjusted EBITDA of US$146m during H1/20 (H1/19: US$142m), driven by a US$84m settled hed ....
13 Aug 2020
Cenkos: Diversified Gas & Oil Plc -- Interim Results


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Cenkos: Diversified Gas & Oil Plc -- Interim Results
Diversified Gas & Oil PLC (DGOC:LON) | 114 2.5 2.0% | Mkt Cap: 804.3m
- Published:
13 Aug 2020 -
Author:
James McCormack -
Pages:
11 -
Diversified Gas & Oil (DGO) has announced another strong set of numbers following the release of its H1/20 interim results. Production averaged 95,100boepd, with a June 2020 exit rate net production of 109,000boepd (including 18,700boepd from the EQT and Carbon Energy acquisitions). Despite the commodity price volatility, which saw NYMEX natural gas prices fall to a low of US$1.42/mmbtu in June, DGO recorded Adjusted EBITDA of US$146m during H1/20 (H1/19: US$142m), driven by a US$84m settled hed ....