Diversified Energy Company (DEC) has announced the acquisition of certain upstream assets and related facilities from Indigo Minerals LLC and Blackbeard Operating LLC for a combined gross purchase price of US$315m (US$281m net). The acquisitions are the first for the Company outside of the Appalachian Basin, in a newly identified Central Regional Focus Area (RFA), incorporating the producing areas within Louisiana, Texas, Oklahoma and Arkansas. The new RFA provides many of the same opportunities ....
10 Jun 2021
Cenkos: Diversified Energy Company Plc -- Building Scale
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Cenkos: Diversified Energy Company Plc -- Building Scale
Diversified Energy Company PLC (DEC:LON) | 1,087 119.6 1.0% | Mkt Cap: 516.9m
- Published:
10 Jun 2021 -
Author:
James McCormack -
Pages:
11
Diversified Energy Company (DEC) has announced the acquisition of certain upstream assets and related facilities from Indigo Minerals LLC and Blackbeard Operating LLC for a combined gross purchase price of US$315m (US$281m net). The acquisitions are the first for the Company outside of the Appalachian Basin, in a newly identified Central Regional Focus Area (RFA), incorporating the producing areas within Louisiana, Texas, Oklahoma and Arkansas. The new RFA provides many of the same opportunities ....