Diversified Gas & Oil Plc has raised funds to acquire two oil and gas producing businesses
Diversified Gas & Oil Plc (DGO) has raised US$189 million through an equity share placing to fund the acquisition of two oil and gas producing businesses located in the north east of the US: Alliance Petroleum Corporation for US$95 million (including repayment of US$25 million of debt) and the proposed acquisition of a group of gas and oil producing assets from a NYSE listed energy group for a cash consideration of US$85 million.
DGO is an independent gas and oil producer in the Appalachian Basin in the US.
Oaklins Smith & Williamson, based in the UK, acted as Nominated Advisor (Nomad) to DGO on the acquisitions and the share placing.
Talk to the deal team
Managing DirectorLondon, United Kingdom
Oaklins Smith & Williamson
Iofina secures new debt refinancing
Iofina Plc has refinanced its entire debt by entering into a new loan agreement with First Financial Bank, (NASDAQ: FFBC), a Cincinnati-headquartered US regional bank.Learn more
Unicorn Technologies has raised US$20 million in an IPO
Unicorn Technologies has completed a fundraising to refinance and develop the company through an IPO.Learn more
Israel Natural Gas Lines has issued bonds worth US$142 million
We advised Israel Natural Gas Lines Ltd. (INGL) has completed a fundraising to refinance and develop the company.Learn more