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Press releases & regulatory news

Press Contact: Buchanan, 107 Cheapside, EC2V 6DN, +44 (0)20 7466 5000, dgo@buchanan.uk.com

February 3, 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.

January 31, 2017

Results of Offers to Bondholders and Admission to AIM

Further to the announcement made on 19 December 2016, Diversified Gas & Oil PLC, a US based gas and oil producer, confirms the results of the offers made to bondholders of the Company (“Bondholders”) which closed on 13 January 2017, conditional on the Company’s proposed admission to the AIM Market of the London Stock Exchange (“Admission”).