Diversified Energy buys gas production assets in Oklahoma
"Replicating our success in Appalachia, we have quickly established ourselves as a significant operator in the central region," Rusty Hutson said
Company
LON:DEC
Diversified Energy Company is an independent energy company engaged in the production, marketing, and transportation of primarily natural gas related to its synergistic U.S. onshore upstream and midstream assets. The company's focus is to create long-term value for all stakeholders and to maximize shareholder returns through its differentiated strategy of acquiring, optimizing and managing existing natural gas and oil assets. In recent years, Diversified has grown rapidly by capitalizing on opportunities to acquire and enhance producing assets, leverage the operating efficiencies that result from economies of scale, and advance peer-leading sustainability programs.
150 stories · page 8 of 8
"Replicating our success in Appalachia, we have quickly established ourselves as a significant operator in the central region," Rusty Hutson said
“With our enlarged credit facility and healthy balance sheet, we are well-positioned to use our financing capabilities to fund additional growth," Rusty Hutson said.
It was another active week in the oil and gas sector.
“Our balance sheet remains healthy as we continue into the second half of 2021 with ample financing capacity to consider further complementary growth opportunities," Rusty Hutson said
It was another active week in the small-cap oil and gas sector.
The London-listed firm has inked a deal to pick up some 14,000 boepd of mostly gas production at the same time as it confirms completion of a prior deal to acquire wells yielding 16,000 boepd
Odom has been at the heart of the company's ESG communications to date in her role as vice president of investor relations.
It was another active week in the small-cap oil and gas sector.
Two quickfire deals see the company establish 32,000 boepd of production in a new focus area for just over US$300mln
It marks the first deal in a new focus region for the company