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Diversified Gas & Oil reports significant production growth and 'healthy cash flows'

Diversified Gas & Oil PLC's (LON:DGOC) Rusty Hutson caught up with Proactive London to talk through the firm's first half 2019 update.

Production in the period averaged 76,000 barrels of oil equivalent per day.

That includes a two month contribution from the acquired HG Energy II assets.

It represents a 295% increase in volumes from the comparative period of 2018.

Quick facts: Diversified Gas & Oil PLC

Price: 102 GBX

AIM:DGOC
Market: AIM
Market Cap: £670.54 m
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Full interview: Diversified Gas & Oil boosts production by 10% in third quarter

Diversified Gas & Oil PLC (LON:DGOC) CEO Rusty Hutson tells Proactive New York that the company has flagged up third-quarter production growth of 10%, at 91,100 barrels oil equivalent per day (boepd) compared to its 2Q. Hutson says growth is being driven by its current hedge program,...

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