Diversified Gas & Oil enjoying 'robust production and increasing cashflow'

By Andrew Scott / April 30, 2018 / www.proactiveinvestors.co.uk / Article Link

Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC), discusses with Proactive's Andrew Scott the company's "remarkable success" in its first year as a public company.

"We delivered everything we said we would do at the time of our admission to AIM in terms of growing production through acquisition and subsequently provided the company with robust production and increasing cashflow''.

Reporting on the pre-acquisition period, the year ended December 31, the company revealed total revenue of US$41.8mln, up 144% from the US$17.1mln achieved in the preceding year.

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