- US-based gas and oil producer Diversified Gas & Oil said Friday first-half performance was in line with its expectations, and affirmed full-year guidance would meet market expectations.

The company said its average per-well decommissioning cost year-to-date approximates $20,600, which it expects would trend lower as it continues to reduce reliance on third-party contractors and uses more of its internal resources.

'The board is pleased to confirm trading is in line with management forecasts and that it expects the results for the year to December 2018 to be in line with current market forecasts,' said Diversified Gas & Oil.

Story provided by