TIDMDGOC

RNS Number : 8155J

Diversified Gas & Oil PLC

30 June 2017

30 June 2017

Diversified Gas & Oil PLC

("DGO" or the "Company")

Completion of acquisition of certain gas and oil assets of Titan Energy, LLC (the "Acquisition")

Diversified Gas & Oil PLC, the US based gas and oil producer, is pleased to announce that it has completed the acquisition of $72.8 million of assets from the total $84.2 million of assets that comprise the Acquisition.

The remaining $11.4 million of assets are held within a public partnership structure which will be transferred to the Company after Completion, on or before 30 September 2017. A further announcement will be made once the Acquisition of the remaining assets has been completed.

 
 Diversified Gas & Oil PLC 
  Rusty Hutson Jr., Chief Executive 
  Officer 
  Brad Gray, Finance Director             + 1 (205) 408 
  www.diversifiedgasandoil.com             0909 
 Smith & Williamson Corporate 
  Finance Limited 
  (Nominated Adviser & Joint Broker) 
  Russell Cook                            +44 (0)20 7131 
  Katy Birkin                              4000 
 Mirabaud Securities LLP (Sole 
  Bookrunner & Lead Broker) 
  Peter Krens                             +44 (0)20 3167 
  Edward Haig-Thomas                       7221 
 Buchanan (Financial Public Relations) 
  Ben Romney 
  Chris Judd 
  Henry Wilson 
  dgo@buchanan.uk.com                    +44 (0)20 7466 5000

Defined terms used in this announcement have the same meaning as set out in the Company's Admission Document dated 16 June 2017.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQQBLFXDQFFBBF

(END) Dow Jones Newswires

June 30, 2017 12:12 ET (16:12 GMT)

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