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BIRMINGHAM, AL / ACCESSWIRE / April 30, 2021 / London LSE-quoted Diversified Gas & Oil PLC (LSE:DGOC) ("DGO" or "the Company"), announces the $135 million (gross) conditional acquisition of certain Cotton ....
Diversified Gas & Oil PLC (LSE: DGOC) announces the $135 million (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana ( the Assets ) from Indigo Minerals LLC ( Indigo ), (the Acquisition ) and the following 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 Adjusted EBITDA (Hedged) (a) before anticipated synergies (b) ◦ PV10 ~$175MM as of 1 March 2021 effective date and based on 16 April 2021 NYMEX strip price ....
Diversified Gas & Oil PLC Announces Conditional Acquisition in New Regional Focus Area and Trading Update BIRMINGHAM, AL / ACCESSWIRE / April 30, 2021 / London LSE-quoted Diversified Gas & Oil PLC (LSE:DGOC) ( DGO or the Company ), announces the $135 million (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana ( the Assets ) from Indigo Minerals LLC ( Indigo ), (the Acquisition ) and the following operations and trading update for the quarter ended March 31, 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: ....
April 20, 2021 | By Jori Skalitzky Cold milk has long been offered alongside a lunch or snack in elementary schools. Over the years, the vessel for that milk has remained the same – a traditional paper carton. Since those milk cartons require refrigerated storage and are far from beloved by students, both schools and the dairy industry have identified the need for another option to encourage milk consumption. To help address this need, Caroline Lunning, a UW–Madison undergraduate studying food science, partnered with three other students to develop an innovative design for a shelf-stable, quick-cool milk pouch. With support from an industry mentor, the team submitted their concept to the UW Dairy Innovation Hub Student Challenge. ....
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