Diversified Gas & Oil PLC (AIM: DGOC), announced on 31 January 2018 details of the proposed acquisition of certain Appalachian producing gas and oil assets (the “Assets”) from CNX Gas Company LLC (“CNX”), an NYSE listed energy company. DGO is pleased to confirm that it has entered into a conditional sale and purchase agreement with CNX in relation to the Assets and that the transaction is expected to be completed on 30 March 2018.
Further details of the transaction will be announced in due course.
Unless otherwise stated, defined terms used in this announcement have the same meaning as set out in the Company’s circular dated 1 February 2018 available on the Company’s website at www.diversifiedgasandoil.com.
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.
Terms of Website Use
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned