Supporting DGO’s latest acquisition

Buchanan is pleased to have provided communications support to the Diversified Oil and Gas (“DGO”) team on the announcement of their US$183m acquisition of Core Appalachian. The deal is the fourth this year and brings the running total of completed M&A transactions year to date to nearly US$1bn.

Buchanan have advised DGO since they listed on AIM in February 2017. Since then, DGO has successfully grown production from 3.5kboepd to over 71kboepd, a near 2,000% increase, as they have followed a focused strategy of acquiring conventional Upstream assets and extensive Midstream operations within the prolific Appalachian basin in the United States.

Buchanan has supported DGO through this growth trajectory, delivering considered, strategic advice to help DGO cement its status as one of the largest producers listed in London.

« Back to Newsroom