DGO completed the acquisition of all the conventional assets of Eclipse Resources
On 13 April 2016, DGO completed the acquisition of all the conventional assets of Eclipse Resources in the State of Ohio (USA). The assets acquired included approximately 1,300 conventional gas and oil wells producing approximately 250 barrels of oil per day (“BOPD”) and 3,000 MCF per day of natural gas production. This is the Company’s largest acquisition in the State of Ohio to date.
As a result of this acquisition, DGO now owns and operates approximately 5,000 conventional wells in Ohio, West Virginia and Pennsylvania, producing approximately 450 BOPD and 13,000 MCF per day of natural gas.