Diversified Energy to buy Appalachia, Alabama gas assets in $45M deal
Diversified Energy (OTCQX:DEC) +1.8% in early trading Monday after saying it agreed to acquire operated natural gas properties and related facilities in Virginia, West Virginia and Alabama from Summit Natural Resources for ~$45M.
Diversified Energy Announces Expansion in Appalachian Basin
Diversified Energy Company PLC DEC recently announced the acquisition of natural gas properties and midstream facilities across Virginia, West Virginia and Alabama from Summit Natural Resources. The $45 million deal will be funded by the company through cash in hand and current liquidity.
Diversified Energy acquires Appalachian basin properties
Diversified Energy agreed to acquire operated natural gas properties and related infrastructure in the Appalachian basin.
Diversified Energy snaps up bolt-on assets in Appalachian Basin
UK and US-listed oil group Diversified Energy Company has announced the acquisition of several assets in America's Appalachian Basin, across Virginia, West Virginia and Alabama, which it says will complement existing operations and provide synergies to improve margins.
Diversified Energy Announces Strategic Bolt-on Acquisition of Complementary Producing & Midstream Assets in the Appalachian Basin
Production Economics Expected to Benefit from Diversified’s Regional Presence and ScaleAcquisition Grows Coal Mine Methane Revenue
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