By Maryam Cockar
Date: Tuesday 18 Apr 2017
LONDON (ShareCast) - (ShareCast News) - Diversified Gas & Oil's $1.75m acquisition of 1,300 producing wells in the US has completed.
The oil and gas wells in Ohio and Pennsylvania increases the company's gas production by 14% to about 30,000 cubic feet per day, and oil production by 23% to about 585 barrels of per day.
They are also expected to contribute operating cash flow of about $1m per year.
The company, which floated on AIM in February raising £50m, owns and operates gas and oil producing wells in the Appalachian Basin, one of the largest oil and gas fields in the US.
Shares in Diversified Gas & Oil were up 1.52% to 67p at 0831 BST.
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Currency | UK Pounds |
Share Price | 1,114.00p |
Change Today | 3.00p |
% Change | 0.27 % |
52 Week High | 1,946.00 |
52 Week Low | 845.00 |
Volume | 174,826 |
Shares Issued | 47.52m |
Market Cap | £529.37m |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Q1 | Q3 | |
Ex-Div | 29-Aug-24 | 29-Feb-24 |
Paid | 27-Sep-24 | 28-Mar-24 |
Amount | 29.00¢ | 4.38¢ |
Time | Volume / Share Price |
16:35 | 44,735 @ 1,114.00p |
16:35 | 2 @ 1,114.00p |
16:35 | 684 @ 1,114.00p |
16:35 | 191 @ 1,114.00p |
16:35 | 424 @ 1,114.00p |
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