Diversified Gas & Oil Plc To Acquire Assets From EdgeMarc Energy Holdings

  • Aug 29, 2019 BST
  • Team Kalkine

Diversified Gas & Oil Plc (AIM: DGOC), has received the approval of the Seller and the United States Bankruptcy Court for the asset purchase agreement with EdgeMarc Energy Holdings, LLC, and certain of its subsidiaries. As per the agreement and further closing conditions, Diversified Gas & Oil Plc will acquire EdgeMarc's natural gas development, production and exploration assets for a total cash consideration of $50 million.

On 29th August 2019, at the time of writing, GMT 08:07 AM, DGOC shares were trading at GBX 103.50, up by 2.00 points or 1.97% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK