logo-loader

Diversified Gas & Oil already seeing start of operational efficiencies from Titan acquisition

Published: 19:39 31 Oct 2017 AEDT

Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC) tells Proactive their acquisition of assets from Titan Energy is now wholly complete and overall trading remains in-line with current market forecasts.

The acquisition means the company now operates around 17,000 wells and it is optimising asset performance whilst reducing costs.

Diversified Gas & Oil raises US$250mln to help fund its largest acquisition

Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC), tells Proactive Investors they've raised US$250mln via an oversubscribed placing priced at 97p per share to part fund the recently announced US$575mln acquisition of additional assets in the Appalachian...

on 2/7/18