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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, keeping costs down through its Smarter Well Management program, and the integration of acquired assets. He adds the company has been able to maintain a flat production profile in its legacy assets for the last 16 months.

Quick facts: Diversified Gas & Oil PLC

Price: 102 GBX

AIM:DGOC
Market: AIM
Market Cap: £671.37 m
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Full interview: Diversified Gas & Oil acquires Ohio gas asset

Diversified Gas & Oil PLC (LON:DGOC) is to acquire Ohio-based gas production/exploration assets from EdgeMarc Energy Holdings following an approval by the US bankruptcy court. CEO Rusty Hutson tells Proactive London what the acquisition means for DOG and runs through recent and expected...

on 29/8/19

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