US: Diversified Gas and Oil announces conditional acquisition in new regional focus area
US: Diversified Gas and Oil announces conditional acquisition in new regional focus area 03 May 2021 $135 million (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana from Indigo Minerals and an operations and trading update for the quarter ended 31 March 2021. The Acquisition represents the first for the Company in its newly identified 'Central' Regional Focus Area ('RFA') where it expects to replicate its proven business model on an expanded opportunity set: Acquisition Highlights ~2.9x multiple on ~$40MM of A...