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Investegate |Diversified Gas &Oil Announcements | Diversified Gas &Oil: REPLACEMENT: Acquisition and Trading Update

Diversified Gas & Oil PLC (LSE: DGOC) announces the $135 million (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana ( the Assets ) from Indigo Minerals LLC ( Indigo ), (the Acquisition ) and the following operations and trading update for the quarter ended 31 March 2021. The Acquisition represents the first for the Company in its newly identified Central Regional Focus Area ( RFA ) where it expects to replicate its proven business model on an expanded opportunity set: • Acquisition Highlights ◦ ~2.9x multiple on ~$40MM of Adjusted EBITDA (Hedged) (a) before anticipated synergies (b) ◦ PV10 ~$175MM as of 1 March 2021 effective date and based on 16 April 2021 NYMEX strip price

United statesUnited kingdomCotton valleyKelsey traynorTeresa odomChris juddJames husbandHutson jrBen romneyIndigo mineralsCompany smarter asset managementGas oilSewell associates incLease operating expenseAcquisition announcementTrading update

CORRECTION: Diversified Gas & Oil PLC Announces Conditional Acquisition in New Regional Focus Area and Trading Update

Diversified Gas & Oil PLC Announces Conditional Acquisition in New Regional Focus Area and Trading Update BIRMINGHAM, AL / ACCESSWIRE / April 30, 2021 / London LSE-quoted Diversified Gas & Oil PLC (LSE:DGOC) ( DGO or the Company ), announces the $135 million (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana ( the Assets ) from Indigo Minerals LLC ( Indigo ), (the Acquisition ) and the following operations and trading update for the quarter ended March 31, 2021. The Acquisition represents the first for the Company in its newly identified Central Regional Focus Area ( RFA ) where it expects to replicate its proven business model on an expanded opportunity set:

United statesUnited kingdomCotton valleyCity ofKelsey traynorTeresa odomChris juddJames husbandHutson jrBen romneyIndigo mineralsLondon diversified gas oilGas oilLease operating expenseCompany smarter asset managementSewell associates inc

Diversified Gas & Oil PLC Announces Borrowing Base Reaffirmation

Diversified Gas & Oil PLC Announces Borrowing Base Reaffirmation BIRMINGHAM, AL / ACCESSWIRE / April 8, 2021 / London LSE-quoted Diversified Gas & Oil PLC (LSE:DGOC) ( DGO or the Company ) is pleased to announce that the Company s bank lending group, led by KeyBank National Association (the Bank Group ), reaffirmed the existing $425 million borrowing base of the Company s senior secured credit facility (the Credit Facility ) with no changes to pricing, covenants or other material terms after completing the Credit Facility s semi-annual redetermination. Rusty Hutson, Jr., CEO of the Company commented, Once again, our portfolio of stable-producing wells with long-life reserves complemented by robust hedges and value-enhancing midstream assets garnered a unanimous reaffirmation of our current borrowing base. Ever mindful of the challenging pandemic and related volatility, I would like to thank our sixteen-member bank group for their support of our differentiated business strategy

City ofUnited kingdomKelsey traynorTeresa odomChris juddHutson jrBen romneyJames husbandKeybank national association the bank groupLondon diversified gas oilGas oilDiversified gasKeybank national associationSmarter asset managementநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்

Diversified Gas & Oil PLC Announces Borrowing Base Reaffirmation

Diversified Gas & Oil PLC Announces Borrowing Base Reaffirmation
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City ofUnited kingdomKelsey traynorTeresa odomChris juddHutson jrBen romneyJames husbandKeybank national association the bank groupLondon diversified gas oilGas oilDiversified gasKeybank national associationBank groupSmarter asset managementநகரம் ஆஃப்

Diversified Gas & Oil PLC Announces Borrowing Base Reaffirmation

Diversified Gas & Oil PLC Announces Borrowing Base Reaffirmation
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