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Diversified Gas &Oil (DGOC)

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Friday 09 February, 2018

Diversified Gas &Oil

Update on Proposed Acquisition

RNS Number : 3887E
Diversified Gas & Oil PLC
09 February 2018
 

9 February 2018

 

Diversified Gas & Oil PLC

("DGO" or the "Company")

 

Update on Proposed Acquisition of certain Appalachian oil and gas assets

 

 

Diversified Gas & Oil PLC (AIM: DGOC), announced on 31 January 2018 details of the proposed acquisition of certain Appalachian producing gas and oil assets (the "Assets") from CNX Gas Company LLC ("CNX"), an NYSE listed energy company.  DGO is pleased to confirm that it has entered into a conditional sale and purchase agreement with CNX in relation to the Assets and that the transaction is expected to be completed on 30 March 2018.

 

Further details of the transaction will be announced in due course.

 

Unless otherwise stated, defined terms used in this announcement have the same meaning as set out in the Company's circular dated 1 February 2018 available on the Company's website at www.diversifiedgasandoil.com.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

For further information contact:

 

Diversified Gas & Oil PLC

Rusty Hutson Jr., Chief Executive Officer

Brad Gray, Finance Director

Eric Williams, Chief Financial Officer

www.diversifiedgasandoil.com

 

+ 1 (205) 408 0909

 

Smith & Williamson Corporate Finance Limited

Nominated Adviser & Joint Broker

Russell Cook

Katy Birkin

 

+44 20 7131 4000

 

Mirabaud Securities Limited

Joint Broker

Peter Krens

Edward Haig-Thomas

 

+44 20 3167 7222

 

Stifel Nicolaus Europe Limited 

Joint Broker

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

 

+44 20 7710 7600

 

Buchanan

Financial Public Relations

Ben Romney

Chris Judd

Henry Wilson

[email protected]

 

+44 20 7466 5000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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