Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) has announced a major acquisition in East Texas, acquiring a substantial package of high-quality natural gas assets for $87 million. The deal, set to close in the fourth quarter of 2024, includes both proved developed producing (PDP) assets valued at approximately $68 million and undeveloped acreage worth […]
Diversified Energy Company PLC, a leading publicly traded energy firm, has successfully completed a significant transaction, marking a strategic milestone in its financial and operational journey. The transaction, executed on the London Stock Exchange (LSE: DEC) and the New York Stock Exchange (NYSE: DEC), allowed the company to unlock additional value from its existing assets […]
Diversified Energy Company has agreed to acquire certain upstream assets and associated facilities in Oklahoma and Texas from ConocoPhillips for $240 million. The acquisition will give Diversified Energy an interest in nearly 1,500 producing wells in an acreage of 250,000 net acres. It marks the sixth major acquisition for the company within the Central Region […]