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Strategy

ACQUIRE,
PRODUCE,
DRILL

Our goal is to acquire and manage our oil and natural gas properties to generate cash flows, and provide stability and growth for the long-term benefit of our investors and employees.

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Investment highlights

Investment opportunity in geologically and politically low-risk oil and gas basin. Low-cost, profitable production providing visibility on steady revenue generation.

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Investor relations

LOW-RISK,
LOW-COST,
LONG-LIFE

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Operations key facts

4,700

boe production per day

27.9

mmboe of total proved reserves

7,500

approximate wells

>1m acres

of conventional gas and oil HBP leases

Latest news

03 February 2017

First Day of Dealings on AIM

Diversified Gas & Oil PLC, a US based gas and oil producer, is pleased to announce the admission of its issued share capital to trading on AIM. This follows the completion of a placing of 61,000,000 new Ordinary Shares at 65 pence per share to raise $50 million (approximately £39.7 million) (before expenses), giving the Company a market capitalisation of approximately $86.4 million (approximately £68.6 million) on Admission at the Placing Price. The funds raised will be used for the repurchase of Bonds, repayment of existing debt facilities, costs of Admission and working capital requirements of the Group.

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