Diversified Gas & Oil has announced the US$135m (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities from Indigo Minerals LLC. The acquisition represents the first for the Company outside of its existing Appalachia footprint and provides Diversified with a platform to replicate its proven business model in a newly identified Regional Focus Area (RFA). The RFA includes the producing areas within Louisiana, Texas, Oklahoma and Arkansas and provides a sign ....
30 Apr 2021
Cenkos: Diversified Gas & Oil Plc -- A New Focus Area
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Cenkos: Diversified Gas & Oil Plc -- A New Focus Area
Diversified Energy Company PLC (DEC:LON) | 946 0 0.0% | Mkt Cap: 449.8m
- Published:
30 Apr 2021 -
Author:
James McCormack -
Pages:
7
Diversified Gas & Oil has announced the US$135m (gross) conditional acquisition of certain Cotton Valley upstream assets and related facilities from Indigo Minerals LLC. The acquisition represents the first for the Company outside of its existing Appalachia footprint and provides Diversified with a platform to replicate its proven business model in a newly identified Regional Focus Area (RFA). The RFA includes the producing areas within Louisiana, Texas, Oklahoma and Arkansas and provides a sign ....