Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF)'s Rusty Hutson joins Proactive London to talk about the company's performance for the 12 months ending 31 December, confirming a 19% rise in production for 2021.
This was at an average rate of 119,000 barrels oil equivalent per day, and a 24% increase in revenue to US$687mln (adjusted to account for US$321mln of commodity price hedges).
Total revenue amounted to US$1bn, up 147% on the prior year.