Diversified Gas & Oil Plays Big Role in Kentucky O&G Industry
Diversified Gas & Oil (DGO) is a fascinating company (see our DGO stories here). DGO’s strategy is to buy wells in “the long tail.” That is, wells already drilled with production far along the decline curve, but wells that will continue to produce small amounts for years to come. In October, DGO CEO Rusty Hutson, a West Virginia native, wrote a column for the Charleston Gazette-Mail expressing his company’s love for and investment in the Mountain State (see Diversified Gas & Oil Employs 425, Spends $100M per Year in WV). We have a similar article recently written for Kentucky where DGO has extensive assets.
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