The Opportunity A UNIQUE PROPOSITION Established, profitable, proven, fast growing oil & gas company with 4,700 boepd and 27.9 mmboe proven reserves Differentiating factors Stable, onshore US, low cost, cash flow positive…
Corporate Overview: Diversified Gas & Oil PLC (AIM: DGOC) AIM LISTED, APPALACHIAN BASIN GAS AND OIL PRODUCER Capital Structure Significant Shareholders Exchange Listing Details Exchange AIM: DGOC Holder Shares Held % of IC…
The Board INDUSTRY AND CAPITAL MARKETS EXPERIENCE Name Position Profile Shares Held Joined DGO in 2005 as 50% owner with Rusty Huston 20,000,000 Robert Post Executive Chairman Successful business entrepreneur and industrial…
Appalachian Basin CONVENTIONAL ONSHORE OIL AND GAS PRODUCTION IN THE APPALACHIAN REGION OF THE USA Oldest hydrocarbon Over 1 million wells drilled Abundant Geologically comprised of prolific unconventional shale producing region in…
Company History EARLY GROWTH WAS DRIVEN PRIMARILY BY DRILLING EXISTING LEASES AND THROUGH ACQUISITION OF SMALL WELL PACKAGES Mcfe/ 26,000 day 16 Mcfe/ 11,000 day Mcfe/ Mcfe/ 7,000 day Mcfe/ 6,000 day 15 2,700 day…
Acquisition History PROVEN TRACK RECORD FOR VALUE CREATION Improving climate Regional reputation Large energy players for value accretive acquisitions as credible purchaser streamlining operations Acquisition cost Acquisition cost…
Assets and Operations OVERVIEW Total Net Proved Reserves of Current daily production of approx. 27.9mmboe 25,000 mcfd and 475 bopd 4,700 boepd c.1.0m acres of conventional oil & gas Production increasing to 5,400 boepd leases…
Our Assets LOW-RISK, LOW-COST, LONG-LIFE ASSETS Conventional, low risk, gas and oil producing assets Shallow depth, vertical wells into low permeability reservoirs sitting above the shale Mature wells benefitting from: Low…
Distribution Network ESTABLISHED INFRASTRUCTURE Benefits from a strong infrastructure network enabling easy route to market for DGOs products Separation units at site oil trucked directly to market, gas delivered through…
Audited Reserves LOW-RISK RESERVE BASE 86% of 1P reserves classified as PDP reserves valued at 125m, Proved Developed Producing (PDP) (104m after tax) (PV 10). Reserve classification Net oil & NGL Net dry gas Net total MBBL…
Strategy ACQUIRE, PRODUCE, DRILL Large energy players looking to reduce operating expenses and re-focus on shale only Target PDP Target: predictable production rates, long-life (50+ years), Acquire and acquisitions low declines…
Acquisition Pipeline ACTIVELY EVALUATING NEW OPPORTUNITIES Established operator with proven track record for acquiring, integrating and enhancing assets Well positioned to consider complementary acquisition targets Actively…
Roll-Up Strategy in Motion ACQUISITION OF WELL PACKAGE ANNOUNCED 24 FEBRUARY 2017 Purchase price of 1.75 million funded from existing cash resources Addition of 1,300 producing wells located in existing operating geography Gas -…
Strict Cost Controls DELIVERING VALUE We seek to deliver value through effectively managing our operations, using the expertise of our employees to maximize value Labour efficiencies Cost efficiencies Employees know the wells,…
Organic Growth INFILL DRILLING OPPORTUNITY Substantial 1 million+ acre land bank, only sparsely drilled (140 acre well spacing). Low risk, low cost development. 150 wells drilled to date, no dry holes. 250k/well to drill & hook…
Why Diversified Low political risk, onshore, stable, profitable Proven track record of value creation Experienced management team fully aligned with shareholders Opportunities to execute growth strategy Progressive dividend…
Appendix 19
Financial Summary HISTORICAL FINANCIALS TO THE NINE MONTHS ENDED 30 SEPT 2016 For the year For the year For the year For the nine months ended 31 Dec 2013 ended 31 Dec 2014 ended 31 Dec 2015 ended 30 Sept 2016 (Audited)…
C O N TA C T U S 1100 CORPORATE DRIVE MIRABAUD (BROKER): BIRMINGHAM, ALABAMA 35242 (USA) PETER KRENS TEL: 020 7321 2508 PHONE 1-205-408-0909 FAX 1-205-408-0870 SMITH & WILLIAMSON (NOMAD): RUSSELL COOK / KATY BIRKIN…
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