Diversified Energy Company (DEC) has announced a fourth acquisition within the Company's Central Region, acquiring a portfolio of upstream assets and related infrastructure from Tapstone Energy Holdings LLC and its related party, KL CHK SPV LLC. Oaktree Capital will co-invest in the acquisition, representing Oaktree's third co-investment since May this year. Importantly, Oaktree's participation provides important third-party validation whilst also affording Diversified additional liquidity and l ....
18 Oct 2021
Cenkos: Diversified Energy Company Plc -- The Consolidator of Choice
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Cenkos: Diversified Energy Company Plc -- The Consolidator of Choice
Diversified Energy Company PLC (DEC:LON) | 1,098 -33 (-0.3%) | Mkt Cap: 522.6m
- Published:
18 Oct 2021 -
Author:
James McCormack -
Pages:
12
Diversified Energy Company (DEC) has announced a fourth acquisition within the Company's Central Region, acquiring a portfolio of upstream assets and related infrastructure from Tapstone Energy Holdings LLC and its related party, KL CHK SPV LLC. Oaktree Capital will co-invest in the acquisition, representing Oaktree's third co-investment since May this year. Importantly, Oaktree's participation provides important third-party validation whilst also affording Diversified additional liquidity and l ....