Diversified Gas & Oil PLC has acquired Core Appalachia Holding Co LLC from TCFII Core LLC for a total consideration of approximately US$183 million.
Core Appalachia Holding is a producer and processor of natural gas in the Devonian region in the US, across 1.3 million net acres.
Diversified Gas & Oil 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.
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.