For the second time this year, Diversified Gas & Oil (LON:DGOC) management will present a webinar to update on company performance. The Q3s are due out on the 29th October and the CEO and CFO will present on Tuesday 3rd November at 1pm GMT.
Register here to join >> https://us02web.zoom.us/webinar/register/3816034432648/WN_x4OiPSCbRXKoXIamT6sAqg
The details in full.....
Date and Time: Tuesday 3rd November 1pm (GMT)
Event Description: Cofounder and CEO Rusty Hutson Jr. and CFO Eric Williams will update on corporate performance following the release of the Q3 trading update on 29th October.
Company Description: Diversified Gas & Oil PLC (DGO) is an established, independent owner and operator of producing natural gas & oil wells concentrated in the Appalachian Basin in the United States. Their field operations are densely located throughout the neighbouring states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania, where they are one of the largest independent conventional producers.
They have grown rapidly over the last few years, capitalising upon opportunities to acquire and enhance producing assets in our region of focus, and leveraging the operating efficiencies that come with economies of scale.
Diversified has distributed regular and increasing dividends to shareholders and targets shareholder returns of 40% of Free Cash Flow.
Speaker: Rusty Hutson Jr., Co-Founder and CEO
Rusty Hutson Jr. is a fourth-generation oil man. After graduating with a degree in accounting, Rusty spent 13 years in a variety of roles in the banking industry culminating as CFO of Compass Financial Services. He founded Diversified Gas and Oil in 2001 with a strategy to acquire cash generating mature and predictable long-life assets and took the company public in 2007 on the AIM market of the London Stock Exchange. The company moved to a premium listing on the main market in 2010. Rusty has acquired nearly $1.8bn of Appalachian upstream and midstream assets with a net daily production of approximately 112,000 barrels of oil equivalency and continues to lead his team and expand the company’s footprint in the Appalachian Basin.
Speaker: Eric Williams, EVP and CFO
Eric joined Diversified in July 2017 from Callon Petroleum. During Eric’s more than seven-year tenure with Callon, the company grew significantly from a market capitalization of US $40 million to over US $3.5 billion, successfully transforming itself from a deep-water asset focused company to an onshore, pure-play horizontal drilling operator in the Permian Basin. He began his career at…
