Diversified Gas & Oil Plc has raised funds to acquire EQT entities
Diversified Gas & Oil Plc (DGO) has raised US$250 million through an equity share placing to help fund the acquisition of EQT entities holding certain gas and oil assets for US$575 million.
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.
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