DGO strengthens management team structure

Diversified Gas & Oil has restructured its operational management team.

The group said: “With the recent growth in the business, it is intended that the restructuring will improve the management and reporting lines across DGO’s portfolio of producing wells in Ohio, Pennsylvania and West Virginia.

“Rusty Hutson, Sr. becomes vice-president of operations Ohio and West Virginia and Drew Adamo is being promoted to vice-president of operations Pennsylvania, both of whom will be responsible for the leadership of field operations in their respective states.

“Tim Altier was previously production manager for the Ohio operations and is now assuming the new role of vice-president of corporate development.

“He will report directly to chief operating officer and finance director, Brad Gray.

“The role will support both operating and corporate activities across the business.”

Chief executive Rusty Hutson Jr said: “This is an important step in the DGO story and it is imperative that our internal management structure continues to evolve as we execute our strategy and grow the business.

“I wish to congratulate Rusty, Drew and Tim on their appointments and to all those in the Company that are taking up new positions within our management structure – it is great that have the depth of capability to promote internally and nurture local talent.

“Ultimately, it is intended that this exercise will help shape DGO’s future and ensure the company continues to operate effectively, ultimately delivering increased value to our stakeholders.”

At 9:44am: (LON:DGOC) Diversified Gas Oil Plc Ord 1p share price was -0.5p at 66p

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