Investor Pr esentation Disclaimer The information contained in this - - PowerPoint PPT Presentation

October 2017

Investor Pr esentation

Rusty Hutson Chief Executive Officer Eric Williams Chief Financial Officer

Disclaimer

1 The information contained in this document has been prepared by Diversified Gas & Oil PLC (the “Company”). This document is being made available for information purposes only and does not constitute an offer or invitation for the sale or purchase of securities or any of the assets described in it nor shall they, nor any part of them, form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever or otherwise engage in any investment activity (including within the meaning specified in section 21 of the Financial Services and Markets Act 2000). The information in this document does not purport to be comprehensive. While this information has been prepared in good faith, no representation or warranty, express or implied, is or will be made and no responsibility or liability is or will be accepted by the Company or any of its officers, employees, agents or advisers as to, or in relation to, the accuracy or completeness of this document, and any such liability is expressly disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation or warranty is given as to the achievement or reasonableness of any future projections, management estimates or prospects contained in this document. Such forward-looking statements, estimates and forecasts reflect various assumptions made by the management of the Company and their current beliefs, which may or may not prove to be correct. A number of factors could cause actual results to differ materially from the potential results discussed in such forward-looking statements, estimates and forecasts including: changes in general economic and market conditions, changes in the regulatory environment, business and operational risks and other risk factors. Past performance is not a guide to future performance. The document is not a prospectus nor has it been approved by the London Stock Exchange plc or by any authority which could be a competent authority for the purposes of the Prospectus Directive (Directive 2003/71/EC). This document has not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. The information contained in this document is subject to change, completion or amendment without notice. However, the Company gives no undertaking to provide the recipient with access to any additional information, or to update this document or any additional information, or to correct any inaccuracies in it or any omissions from it which may become apparent. Recipients of this document in jurisdictions outside the UK should inform themselves about and observe any applicable legal requirements. This document does not constitute an offer to sell or an invitation to purchase securities in any jurisdiction.

October 2017

October 2017

A Unique Opportunity; Achieving Scale through Acquisitions

Established, Profitable, Proven & Growing

• Founded in 2001 by the CEO
• 11,040 net barrels of oil equivalent (“Boe”) production per day
• 90% CAGR of production over the past 4.5 years
• 59.4 million Boe proved-developed-producing reserves; Excludes all PUD, Probable and Possible reserves

Differentiated

• Low political and operational risk; 100% US onshore operations
• Stable producer; mature portfolio of shallow-decline wells
• Low operating costs & maintenance capex; $1.19/Mcfe or $7.14/Boe(a), trending lower as efficiencies are realized
• Cash-flow positive; Approaching 45% Adjusted EBITDA margin(a), up 10 points from 35% reported for 1H17

Progressive Dividend

• 40% dividend payout target of free cash flow
• Maiden dividend paid 31 July 2017 (1.99 cents; 1.55 pence per share)
• Second dividend declared September 2017; Pay Date of 20 December 2017 (1.99 cents per share)

Value Creating

• Deep relationships in the industry support consistent and accretive deal execution
• History of success completing acquisitions; ~$130 million of transactions completed
• Strong balance sheet and liquidity position; ~$23 million of cash(b); >$58 million of liquidity(b)
• Operational excellence and local expertise maximize production (driving revenues) and reduce costs

2

Footnotes: (a) For the month of September 2017; (b) At September 30, 2017.

Appalachian Basin

3

CONVENTIONAL ONSHORE OIL AND GAS PRODUCTION IN THE APPALACHIAN REGION OF THE USA

Diversified, US based, income and growth investment

Appalachian Basin

October 2017

Oldest hydrocarbon producing region in US Geologically prolific, long-life shale source rock in Marcellus/Utica and conventional sandstone reservoirs Over 1 million wells drilled high industry success rate Abundant infrastructure Widely known operators in the Region: Royal Dutch Shell, Chevron, Chesapeake, EQT

Our Assets

4

LOW-RISK, LOW-COST, LONG-LIFE ASSETS Low risk (political & operational; US Onshore) producing gas and oil assets (Average Production Mix: 94% gas; 6% oil) Shallow depth (~3,000’ to ~6,000’), vertical wells into low permeability reservoirs sitting above the shale Mature wells benefitting from:

• Low operating costs (~$1.19 LOE/mcfe; trending lower)(a)
• Low ongoing/maintenance capex (~$1.0m - $1.5m/year)
• Low water production (~1/3 Bbl per well per day)

Low decline rates averaging 3-5% per annum, enabling a high quality and reliable stream of free cash flow

October 2017

Long well life +50 years Attractive fiscal regime

Footnotes: (a) In September 2017

Feb: Floated on AIM raising $50m – largest UK O&G IPO since April 2014 Apr: Acquired producing wells in Ohio and Pennsylvania for $1.75m June: Acquired producing wells from Titan for $72.8m; Raised add’l $35m through secondary offering on AIM September: Closed on the remaining Titan wells held within public partnership structures (incl. 29 Hz wells) for $11.4 million

Gross Mcfe/ day

Acquired producing wells from Eclipse Resources for $4.8m Acquired producing wells and pipeline assets from Seneca Resources for $7.0m

Gross Mcfe/ day

Company History

5

SIGNIFICANTLY INCREASED PRODUCTION GROWTH DRIVEN BY EXECUTION OF SUCCESSFUL ROLL-UP STRATEGY

Acquired assets of Diversified Resources Inc. for $5.2m Assets located in West Virginia

Founded

‘01 26,000 ‘16

Entered Ohio Acquired producing wells from AB Resources for $14.5m Acquired producing wells from Deep Resources, for $5.5m

6,000

Gross Mcfe/ day

‘10

Acquired producing wells from Operated Equity Investment (Fund 1) for $4.3m

7,000

Gross Mcfe/ day

‘14

Acquired producing wells from Broadstreet Energy for $2.6m Acquired producing wells and equipment from Texas Keystone for $725k

11,000

Gross Mcfe/ day

‘15

Successfully listed bond on ISDX Growth Market, which raised £10.6m

October 2017

109,800 ‘17

Proven Success Growing the Asset Base & Production – ~90% CAGR(a) since 2013

• 20,000

40,000 60,000 80,000 100,000 120,000

• 2,000

4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000

2013 2014 2015 2016 2017

Mcfe/d

Producing Wells

Baseline legacy Fund 1 Broadstreet Texas Keyston Eclipse Seneca EnerVest Titan 30June Titan 30Sept Production (Mcfe/d)

+180% +33% +90% +142% 6,000 Mcfe/d 109,800 Mcfe/d 6

2013 2017 Asset Base of Operated, Producing Wells

October 2017

Footnotes: (a) Calculated for the 4.5 year period from 2013 – June 2017

Strategy

7

ACQUIRE, PRODUCE, DRILL Target PDP acquisitions Maximise production; Minimize Cost Execute low risk, low cost drilling Source: Large energy players looking to reduce operating expenses and re-focus their limited financial & personnel resources on shale Target: Predictable production rates, long-life (50+ years), low declines and compelling valuation metrics Focus: On asset attributes & scale vs. location (Geographically agnostic) Repairing, recompleting and reconnecting lines Optimize compression Deploying rigorous field management programmes Focus on conventional formations Strict control of drilling and completion costs Increased drilling in higher price environment

Acquire and manage producing natural gas and oil properties to generate cash flows, providing stability and growth for our stakeholders

October 2017

• Increasing dividend
• Improving gross margins
• Strong free cash flow generation
• Decreasing unit OpEx

Inorganic Growth - Compelling, EBITDA-Accretive Valuations

8

October 2017

$3,647 $9,000 $10,784 $4,059 $1,721 $1,067 $780 $404 $1,089

• 2.0x
• 0.2x
• 1.7x
• 5.3x
• 9.1x
• 12.8x
• 25.7x
• 8.9x
• 30.0x
• 25.0x
• 20.0x
• 15.0x
• 10.0x
• 5.0x

0.0x

$- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000

Diversified AB Resources Deep Resources Fund 1 LLC Broadstreet Eclipse Seneca EnerVest Titan

$ per flowing mcfepd

$/flowing gross mcfepd % Below Peak Price per Flowing Mcfepd

Unique climate for value accretive acquisitions Regional reputation as credible purchaser Large energy players streamlining operations Ideally positioned to assess and execute

2006 2010 2011 2014 2015 2016 2017

Peak Price

Industry Shift to Horizontal, Unconventional Development ~2012 2012

“Bolt-on” ~15% Prod. Incr. “Transformative” ~160%+ Prod. Incr.

Organic Growth Opportunity Set

• Substantial 1.6 million+ acre land bank, only sparsely drilled (~100 acre well spacing vs. fully developed at ~20 acre spacing)
• Low risk, low cost development. 150 wells drilled to date, no dry holes. $250k-$350k/well to drill & hook up
• IP rates ~125 mcfepd per well, much shallower decline rates than shale wells (~25% in year 1 vs. ~75%+ for unconventional)
• Options to restart drilling activity when single well IRRs exceed the returns available from inorganic growth opportunities

October 2017

9

INFILL DRILLING OPPORTUNITY

0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% $2.5/mcf $3.0/mcf $3.5/mcf $4.0/mcf $4.5/mcf $5.0/mcf

Single gas & oil well IRRs*

Cash (30Sept2017) $23.1 Borrowings (30Sept2017) $75.4 Total Shareholders’ Equity (30June2017) $87.1 Total Capitalization $162.5 Liquidity (30Sept2017) Cash & Cash Equivalents $23.1 Undrawn portion of Credit Facility(a) $35.0 Total Liquidity $58.1

Strong Balance Sheet and Liquidity; Low Leverage; No Near-Term Maturities

10

Capitalization ($m) Debt Maturity Summary ($m)

$- $- $75 $35

$- $20 $40 $60 $80 $100 $120 2017 2018 2019 2020

Proceeds used to fund a portion of Titan Energy asset acquisition 32% Undrawn(a) No Near-Term Maturities

Footnotes: (a) In June 2017 the Company closed a new $110m credit facility, of which $64m was drawn to close the Titan asset acquisition on 30 June 2017 and, $11m on 29 September 2017 to close on the Titan assets held in public partnerships. The remaining $35m availability can be used within the first twelve months of the facility's life to finance additional acquisitions, of which $25m, would require an additional underwriting process by the lender.

(a)

October 2017

Cash: $23 Million Liquidity: $58 Million

Stated Objectives at IPO… DELIVERED; Creating Value for Shareholders

• Largest O&G listing in the past 2 years
• One of only three O&G (out of 90) AIM listings to pay a dividend

Successful AIM IPO

• $85m of equity raised in 2017
• $58m of liquidity at 30 September 2017; $23m cash + ~$35m undrawn

Financially Strong

• >11,000 net barrels of oil equivalent production per day pro forma for

the most recent Titan Energy acquisition

Significant Production

• Producing Asset CAGR growth of ~90% over the past 4.5 years
• Large portfolio of long-life, low-decline producing wells
• Closed two acquisitions in just 8 months since February 2017 IPO

Increasing Scale

• Adjusted EBITDA margin improved 900 basis points, rising to 44% in

the third month following the acquisition Titan Energy’s Appalachian wells as the optimization process continues

Reducing Costs

• Paid first bi-annual dividend, July 2017 ($2.9m; $0.0199 or

£0.0155/share)

• Declared second 2017 dividend with December pay date ($0.0199/share)

Dividend Paying

October 2017

11

DGOG by the Numbers

12

Net Daily Production(a) OpEx (LOE) per Unit of Equivalent Production(b) Acres Held by Production(a)

October 2017

($7.14/Boe) (>11,000 Boe)

Footnotes: (a) Pro forma results assume that the Titan Energy acquisition occurred at the beginning of the period on 1 January 2017 and reflect Titan Energy's actual operating results for the acquired assets. Consequently, the adjustments reflect none of the synergies DGO expected upon the integration of the assets. Further, the pro forma results include substantially no contribution from our EnerVest Energy Acquisition; (b) For September 2017.

Estimated Annualized Adjusted EBITDA(a)

(Largely Undeveloped; Significant Resource Potential)

Appendix

13

Current Shareholders (a) – 96% of Shares held by Top 20 holders

October 2017

14

Footnotes: (a) As of September 2017

#

Shareholder Shares Owned % of Outstanding

1 Inside Ownership 44,377,481 31% 2 GLG 14,769,990 10% 3 Sand Grove Capital 14,691,000 10% 4 Miton Asset Management 13,207,292 9% 5 Janus Henderson Investors 7,146,547 5% 6 Hadron Capital 6,987,425 5% 7 Hargreave Hale Investment Managers 4,750,000 3% 8 River and Mercantile Asset Management 4,630,000 3% 9 Premier Asset Management 4,000,000 3% 10 Lombard Odier Investment Managers 3,730,000 3% 11 AXA Framlington Investment Managers 2,900,000 2% 12 UBS collateral account 2,638,828 2% 13 Amati Global Investors 2,468,993 2% 14 Hargreaves Lansdown, stockbrokers (EO) 2,159,826 1% 15 Jarvis Investment Management (EO) 2,085,684 1% 16 City Financial 2,074,000 1% 17 Chelverton Asset Management 2,000,000 1% 18 FACET 1,915,385 1% 19 Trium Capital 1,174,981 1% 20 Bank of America Merrill Lynch International as principal 979,010 1%

The Board – Significant Inside Ownership (30%)

15

INDUSTRY AND CAPITAL MARKETS EXPERIENCE

Name Position Profile Shares Held Robert Post Non-Executive Chairman ▪ Joined DGO in 2005 as 50% owner with Rusty Huston ▪ Successful business entrepreneur and industrial operations experience ▪ B.S. degree in Accounting from Jacksonville State University, Alabama 20,000,000 (13.8%) Robert “Rusty” Hutson, Jr. Chief Executive Officer ▪ Founded DGO in 2001 ▪ 4th generation oil and gas ▪ 13 years in finance, accounting and the banking industry, CPA ▪ Field operations, investor relations, capital raise, acquisitions 20,000,000 (13.8%) Bradley Gray Finance Director and Chief Operating Officer ▪ Joined DGO in 2016 ▪ 28 years in finance, accounting and operations management, CPA ▪ Commodities experience ▪ Capital management and operations oversight 2,210,481 (1.5%) David Johnson Senior Independent Non-Executive Director ▪ Long and successful career in the investment sector ▪ Worked at a number of leading city investment houses, as both an investment analyst, and more recently, in equity sales and investment management ▪ Roles with Panmure, Investec, Henderson Crosthwaite, Sun Life Assurance and Chelverton Asset Management 100,000 (0.1%) Martin Thomas Non-Executive Director ▪ Partner in the corporate team at Watson Farley & Williams in London ▪ 30 year legal career, including 7 years as the European Managing Partner of a global law firm headquartered in the United States 2,000,000 (1.4%) Total 44,310,481 (30.5%)

October 2017

The Management Team - Significant Inside Ownership (>29%)

16

INDUSTRY AND CAPITAL MARKETS EXPERIENCE

Name Position Profile Years of Experience Robert “Rusty” Hutson, Jr. Chief Executive Officer ▪ Founded DGO in 2001 ▪ 4th generation oil and gas ▪ 13 years in finance and accounting in the banking industry, CPA ▪ Field operations, investor relations, capital raise, acquisitions 28 Bradley Gray Finance Director and Chief Operating Officer ▪ Joined DGO in 2016 ▪ 25 years in finance, accounting and operations management, CPA ▪ Commodities experience ▪ Capital management and operations oversight 28 Eric Williams Chief Financial Officer and Investor Relations ▪ Joined DGO in 2017 ▪ 17 years in finance, accounting and audit, CPA ▪ 8 years in oil and gas ▪ Capital markets, investor relations, financial reporting, controllership, audit 17 Bob Cayton Senior Vice President; Operations ▪ Joined DGO in 2017 through its acquisition of Titan Energy ▪ 35 years in oil and gas production operations ▪ Experienced in multiple facets of producing well management including well tending, disposal well management, drilling operations, etc. 35 John (“Jack”) Cook Senior Vice President; Environmental, Health and Safety ▪ Joined DGO in 2017 through its acquisition of Titan Energy ▪ 36 years in oil and gas operations and environmental compliance ▪ Safety policies, procedures, and training ▪ Exec Board Member & Secretary of the Board of PA Independent O&G Association 36 Total 144 Years of Experience

October 2017

Robust, Expanding Distribution Network

October 2017

17

Map Source: Energy company filings (shapefile), Energy Information Administration; Credit: Leanne Abraham, Alyson Hurt and Katie Park/NPR

Recent Pipeline Approvals: Atlantic Sunrise: 200 miles of pipe; 1.7 Bcf/day Rover: 713 miles of pipe; 3.25 Bcf/day Conventional Production Benefits Low pressure gathering and transmission systems that do not take Marcellus and Utica production Separation Units At Site: Oil trucked directly to market, gas delivered through flow-lines to processing facilities before using surrounding third party pipelines

$0.03 $0.04

H1 '16 H1 '17 Reported $0.00 $0.01 $0.02 $0.03 $0.04 $0.05

H1’17 Financial Performance

18

Total Revenue Net Debt / Adjusted EBITDA

16.2x 1.4x

• 2.0

4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 H1 '16 H1 '17 Pro forma Multiple

• 91%

$7.7 $11.5 $30.1

$- $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 $35.0 H1 '16 H1 '17 Reported H1 '17 Pro forma $ millions

Adjusted EBITDA

$1.3 $4.1 $12.9 17% 35% 36% 40% 42% 44% 10% 15% 20% 25% 30% 35% 40% 45% 50%

H1 '16 H1 '17 Reported H1 '17 Pro forma July '17 Aug '17 Sept '17

$0.0 $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 Adjusted EBITDA Margin Adjusted EBITDA

Adjusted EBITDA per Share

+293% +51% +33%

+209% +878%

Footnotes: (a) Pro forma results assume that the Titan Energy acquisition occurred at the beginning of the period on 1 January 2017 and reflect Titan Energy's actual operating results for the acquired assets. Consequently, the adjustments reflect none of the synergies DGO expected upon the integration of the assets. Further, the pro forma results include no substantially contribution from our EnerVest Energy Acquisition.

(a)

October 2017

$76.8 $176.5

$- $50.0 $100.0 $150.0 $200.0 H1 '16 H1 '17 $ millions

+130%

Balance Sheet Highlights

19

Gas and Oil Properties, net Cash and Cash Equivalents Total Equity Total Borrowings, net of Deferred Financing

$0.02 $29.4

$- $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 H1 '16 H1 '17 $ millions

+147,095%

$27.7 $87.1

$- $20.0 $40.0 $60.0 $80.0 $100.0 H1 '16 H1 '17 $ millions

+214%

$38.8 $61.6

$- $20.0 $40.0 $60.0 $80.0 H1 '16 H1 '17 $ millions

+59%

October 2017

(a)

7,308 17,691

• 2,000

4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 Legacy DGO Pro forma Producing Wells

+142%

Titan Energy Acquisition Pro forma Highlights

20

Producing Wells Acres Held by Production Net Daily Production

4,227 11,039

2,000 4,000 6,000 8,000 10,000 12,000 Legacy DGO Pro forma Boepd

+161% 1,100 1,600

• 200

400 600 800 1,000 1,200 1,400 1,600 1,800

Legacy DGO Pro forma Acres (in thousands)

+45%

Pro forma results assume that the Titan Energy acquisition

• ccurred at the beginning of the period on 1 January 2017 and

reflect Titan Energy's actual operating results for the acquired assets. Consequently, the adjustments reflect none

• f

the synergies DGO expected upon the integration of the assets. Further, the pro forma results include substantially no contribution from our EnerVest Energy Acquisition.

October 2017

Long-Life, Low-Decline Well Profile

292 68 277 140 109 3 33% 8% 31% 16% 12% <1% 0% 5% 10% 15% 20% 25% 30% 35% 50 100 150 200 250 300 350 41-50 51-60 51-70 71-80 81-90 91-100

% of Total Wells Well Count Years Producing

Well Count % of Total

21 October 2017

Ohio Devonian Shale Formation Wells (Illustrative of typical Appalachian well declines)(a)

Highlights

• Average annual

decline of just 2.4%(b)

• US securities regulator

(SEC) has generally accepted without question 5% terminal decline rates

Footnotes: Source: Wright & Company, Inc. Petroleum Consultants, DGOC’s independent reserve engineer, as provided by (a) the Kentucky Division of Oil & Gas, (Frankfort, KY) 2009 and (b) Based on a sample of 4,869 Ohio shale wells in Kentucky.

67% of wells > 50 years

10 100 1000 10000 Oil-bbl/mo 1 10 100 1000 Gas-mcf/mo Gas 10 100 1000 10000 Oil-bbl/mo 1 10 100 1000 Gas-mcf/mo 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Year Gas

G E N O V E S E M Y E R S 1

WELL DISTRICT: RESCAT: 1PDP COMPANY: ENERVEST COUNTY: Summit, OH 34153205710000

Well Performance Trend Example from DGOC’s EnerVest Acquisition

22

40 years and still producing 3% Rate Terminal Decline

Source: Wright & Company, Inc. Petroleum Consultants, DGOC’s independent reserve engineer.

October 2017

1 10 100 1000 Oil-bbl/mo 1 10 100 1000 Gas-mcf/mo G a s 1 10 100 1000 Oil-bbl/mo 1 10 100 1000 Gas-mcf/mo 8 5 8 6 8 7 8 8 8 9 9 9 1 9 2 9 3 9 4 9 5 9 6 9 7 9 8 9 9 1 2 3 4 5 6 7 8 9 1 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 2 1 2 2 2 3 2 4 2 5 2 6 2 7 2 8 2 9 3 3 1 3 2 3 3 3 4 3 5 3 6 3 7 3 8 3 9 4 4 1 4 2 4 3 4 4 4 5 4 6 4 7 4 8 4 9 5 5 1 5 2 5 3 5 4 Y e a r G a s

B A L L I S H U N I T 1

W E L L D I S T R I C T : R E S C A T : 1 P D P C O M P A N Y : B R O A D S T R E E T C O U N T Y : G E A U G A , O H 3 4 5 5 2 1 1 1 1

Well Performance Trend Example from DGOC’s Broadstreet Acquisition

23

30 years producing; 30 years remaining 3% Rate Terminal Decline

Source: Wright & Company, Inc. Petroleum Consultants, DGOC’s independent reserve engineer.

October 2017

1 10 100 1000 Oil-bbl/mo 1 10 100 1000 Gas-mcf/mo Gas 1 10 100 1000 Oil-bbl/mo 1 10 100 1000 Gas-mcf/mo 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Year Gas

ANDRUSKY # 1

W E L L D I S T R I C T : J A C K S O N C E N T E R R E S C A T : 1 P D P C O M P A N Y : A T L A S C O U N T Y : M E R C E R , P A 3 7 8 5 2 2 1 3

Well Performance Trend Example from DGOC’s Titan Energy Acquisition

24

60+ years Well life 3% Rate Terminal Decline

Source: Wright & Company, Inc. Petroleum Consultants, DGOC’s independent reserve engineer.

October 2017

Well Performance Trend Example from DGOC’s Broadstreet Acquisition

Investor Presentation 2016

25

27 years producing; 70 year expected life 3% Rate Terminal Decline

Source: Wright & Company, Inc. Petroleum Consultants, DGOC’s independent reserve engineer.

October 2017

C O N TA C T U S

PO BOX 381087 BIRMINGHAM, ALABAMA 35238-1087 (USA) ERIC WILLIAMS, CFO EWILLIAMS@DGASOIL.COM PHONE 1-205-379-8321 FAX 1-205-408-0870

WWW.DIVERSIFIEDGASANDOIL.COM