Appalachian Basin


All posts for Appalachian Basin

Diversified Gas & Oil PLC - Interim Results

Diversified Gas & Oil PLC (AIM: DGOC), the US based gas and oil producer with a focus on the Appalachian Basin, is pleased to announce its interim results for the six-month period ended 30 June 2018. Period Highlights: Revenue  of $58.0m (2017: $10.9m*) Adjusted EBITDA of $22.87m Materially ...

OilVoice Press - OilVoice


Posted 3 months agoPress > DOGEarningsResults +5

Appalachia, Permian, Haynesville Drive U.S. Natural Gas Production Growth

Source: U.S. Energy Information Administration, Drilling Productivity Report , Natural Gas Monthly , and Short-Term Energy Outlook Gross production of natural gas in the United States has generally been increasing for more than a decade and in recent months has been more than 10% hig ...

OilVoice Press - OilVoice


Posted 3 months agoOpinion > EIAEnergy Information Administration EIAAppalachia +8

Diversified Gas & Oil PLC - Pre-close Trading Update

Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer with a focus on the Appalachian Basin, is pleased to provide the following operating activities and trading update in respect of its half year financials to 30 June 2018. The Company's integration of its most recently acquired ...

OilVoice Press - OilVoice


Posted 4 months agoPress > AIMDOGDiversified Gas & Oil +3

Summer Natural Gas Price Spreads Between Henry Hub and Appalachian Region Have Narrowed

Source: U.S. Energy Information Administration, based on Natural Gas Intelligence Over the past decade, natural gas production in the Appalachian region has grown faster than capacity to move the gas into U.S. markets, pushing down local prices. More recently, pipeline infrastructure from App ...

OilVoice Press - OilVoice


Posted 4 months agoOpinion > EIAEnergy Information Administration EIAUnited States +7

Fieldfisher's ENR Team Advises on Largest Ever AIM Oil and Gas Acquisition

International law firm Fieldfisher has advised on the largest acquisition by an oil and gas company completed to date on London's Alternative Investment Market (AIM). The deal saw AIM-listed Diversified Gas & Oil PLC (DGO), a US-based gas and oil producer, acquire a network of producing assets in ...

OilVoice Press - OilVoice


Posted 5 months agoPress > AIMo&gOil +8

DGOC - $575m Acquisition Largest in AIM History for O&G Company - $250m Placing at 97p Per Share

Following on from the announcement made two weeks ago, DGO have announced the signing of a non-binding letter of intent to acquire a network of further gas and oil producing assets in the Appalachian Basin (where the company already operates) for a total cash consideration of approximately $575 mil ...

OilVoice Press - OilVoice


Posted 5 months agoPress > DGOCShare PlacingAcqusition +3

Diversified Gas & Oil PLC - Further re Acquisition and Share Placing

Update on $575 million acquisition of producing gas and oil assets in Appalachian Basin Proposed Share Placing to raise up to $250m (the "Placing”) at 97pence per share (the “Placing Price”) Restoration of trading on AIM   Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil pro ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Diversified Gas & OilAcquisitionShare Placing +3

Diversified Gas & Oil PLC - Proposed Acquisition

Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer, confirms that it has signed a non-binding letter of intent to acquire a network of further gas and oil producing assets in the Appalachian Basin (the “Acquisition”) for a total cash consideration of approximately $575 million. ...

OilVoice Press - OilVoice


Posted 5 months agoPress > AcqusitionDiversified Gas & OilDGOC +4

Diversified Gas & Oil PLC - Final Results for the Year Ended 31 December 2017

Diversified Gas & Oil PLC ("DGO"), a leading independent US-based gas and oil producer focused on the Appalachian Basin, is pleased to announce the publication of its annual results for the year ended 31 December 2017. Highlights: Completion of three accretive acquisitions totalling $89 millio ...

OilVoice Press - OilVoice


Posted 7 months agoPress > ResultsDiversified Gas & OilDGO +5

Pennsylvania’s Natural Gas Production Continues to Increase

Source: U.S. Energy Information Administration, Natural Gas Monthly Pennsylvania's marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the 2016 level. This production is largely from shale plays in the Appalachian Basin . Penns ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > United StatesUSEIA +7

By Some Measures, U.S. Natural Gas Production Set a Record in 2017

Source: U.S. Energy Information Administration, Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report Two out of three of EIA's measures of natural gas production in the United States set records in 2017. U.S. natural gas production measured as gross withdrawals reached ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > United StatesUSnatural gas +5

Diversified Gas & Oil - Alliance Petroleum Corporation Acquisition Completion

Diversified Gas & Oil PLC (AIM: DGOC), a leading independent US based gas and oil producer focused on the Appalachian Basin, is pleased to confirm that the Company has completed the acquisition of Alliance Petroleum Corporation (“Alliance Petroleum”).  DGO announced on 31 January 2018 that it had s ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Alliance PetroleumAcquisitionDiversified Gas & Oil +3

Diversified Gas & Oil - Proposed Acquisition and Placing

Proposed Acquisition of Alliance Petroleum Corporation and certain gas and oil assets in the Appalachian Basin Placing of 166,400,000 new Ordinary Shares of 1 pence each at 80 pence per Ordinary Share Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer, is pleased to anno ...

OilVoice Press - OilVoice


Posted 10 months agoPress > AIMDiversified Gas & OilDGOC +3

Diversified Gas & Oil: Pre-CLose Trading Update

Diversified Gas & Oil PLC (AIM: DGOC ), a US based gas and oil producer with a focus on the Appalachian Basin, is pleased to provide the following production and trading update. 2017 was a year of significant growth for DGO as the Company delivered all its stated objectives , set at the ...

OilVoice Press - OilVoice


Posted 10 months agoPress > AIMDGOCDGOC +3

Natural Gas Production in Pennsylvania, Ohio, West Virginia Growing Faster Than Demand

Source: U.S. Energy Information Administration, Natural Gas Monthly Significant growth in natural gas production over the past decade—primarily from the Marcellus and Utica shales in the Appalachian Basin—have increased gross natural gas output in Ohio, Pennsylvania, and West Virginia. ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > natural gasHGLUnited States +8