Diversified Gas & Oil completed the acquisition of Cotton Valley upstream assets of Indigo Minerals for $135m.

Diversified Gas & Oil, a gas and oil producer, completed the acquisition of Cotton Valley upstream assets of Indigo Minerals, a provider of drilling services, for $135m. “Our strategic expansion into a new producing region turns vision to reality and marks a key milestone in our development. The expansion also provides significant runway for us to replicate our success in Appalachia: reducing unit expenses, improving margins and optimizing production," Rusty Hutson, Diversified Gas & Oil CEO.