Diversified Energy has announced the US$308m (gross) conditional acquisition of certain Cotton Valley and Haynesville upstream assets in the states of Louisiana and Texas from Tanos Energy Holdings III LLC. The acquisition represents Diversified's third acquisition in less than two months in its newly defined Central Regional Focus Area (RFA). Oaktree Capital Management will co-invest in the acquisition under the previously announced joint participation agreement marking Oaktree's inaugural part ....

05 Jul 2021
Cenkos: Diversified Energy Company Plc - Rapidly Growing Scale

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Cenkos: Diversified Energy Company Plc - Rapidly Growing Scale
Diversified Energy Company PLC (DEC:LON) | 960 0 0.0% | Mkt Cap: 737.8m
- Published:
05 Jul 2021 -
Author:
James McCormack -
Pages:
9 -
Diversified Energy has announced the US$308m (gross) conditional acquisition of certain Cotton Valley and Haynesville upstream assets in the states of Louisiana and Texas from Tanos Energy Holdings III LLC. The acquisition represents Diversified's third acquisition in less than two months in its newly defined Central Regional Focus Area (RFA). Oaktree Capital Management will co-invest in the acquisition under the previously announced joint participation agreement marking Oaktree's inaugural part ....