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

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Diversified Gas & Oil Plc -- Value Accretive Opportunity
Diversified Energy Company PLC (DEC:LON) | 1,014 -71 (-0.7%) | Mkt Cap: 780.5m
- 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 ....