Diversified Gas & Oil Plc has acquired Core Appalachia Holding Co LLC for US$183 million
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.
Talk to the deal team
Related deals
E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.
Learn moreItalgas S.p.A. has finalized a rights issue
Italgas S.p.A. has successfully finalized a rights issue, with the capital increase implemented to finance its acquisition of 2i Rete Gas.
Learn moreTages Capital SGR has acquired two RTB biomethane plants from Finpower Project
Tages Capital SGR, through its fund Tages Helios Net Zero, has acquired a portfolio consisting of two ready-to-build (RTB) biomethane plants located in Southern Italy.
Learn more