Diversified Gas & Oil PLC Announces Trading Statement and Cancellation of Warrants
BIRMINGHAM, AL / ACCESSWIRE / January 27, 2021 / London LSE-quoted Diversified Gas & Oil PLC (OTCQX:DGOCF) (LSE:DGOC) ( DGO or the Company ) is pleased to announce the following operations and trading update confirming 2020 results are in line with market expectations. DGO also announces that it will release its 2020 full-year results and host an investor call on March 8, 2021, as more fully detailed below.
Highlights
Record full-year average daily production of ~100 Mboepd, up 18% vs. 2019
Full-year average daily production from Legacy Assets of ~69 Mboepd, consistent with 2019 as Smarter Asset Management continues to offset natural declines within the portfolio