In late May, Diversified Gas & Oil (DGO) announced the completion of two “bolt-on” acquisitions, complementing its existing consolidated Appalachian footprint. The two acquisitions add an aggregate 122mmboe of PDP reserves and c18,100boepd of adjusted 2019 net production. The acquired assets include 6,900 conventional and 80 unconventional wells, complemented by c4,900 miles of gas gathering assets and two active gas storage fields with capacity to generate third-party revenues. The total net pa ....
20 Jul 2020
Cenkos: Diversified Gas & Oil Plc -- A Consolidated Footprint
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Cenkos: Diversified Gas & Oil Plc -- A Consolidated Footprint
Diversified Energy Company PLC (DEC:LON) | 1,098 11 0.1% | Mkt Cap: 522.6m
- Published:
20 Jul 2020 -
Author:
James McCormack -
Pages:
12
In late May, Diversified Gas & Oil (DGO) announced the completion of two “bolt-on” acquisitions, complementing its existing consolidated Appalachian footprint. The two acquisitions add an aggregate 122mmboe of PDP reserves and c18,100boepd of adjusted 2019 net production. The acquired assets include 6,900 conventional and 80 unconventional wells, complemented by c4,900 miles of gas gathering assets and two active gas storage fields with capacity to generate third-party revenues. The total net pa ....