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Diversified Energy Company plc
14 articles mentioning Diversified Energy Company plc
Diversified Energy Striking While the Iron is Hot in East Texas
Transaction Summary Diversified Energy has entered into a definitive purchase and sale agreement to acquire high-working interest, natural gas producing assets in East Texas from Sheridan Production for $245 million in cash, subject to customary purchase...
Diversified Energy to Acquire Canvas Energy for $550MM
Diversified Energy is expanding its Oklahoma footprint with a sizeable bolt-on acquisition that management says will meaningfully increase cash flow and deepen operating density in the state. On September 8, 2025, Diversified Energy Company PLC (LSE/NYSE:...
Diversified Energy Company PLC First Quarter 2023 Results
Diversified Energy Company PLC announced first quarter 2023 results. Highlights Delivering Reliable Results Recorded average 1Q23 production of 139 Mboepd (833 MMcfepd) Exit rate of 145 Mboepd (872 MMcfepd) Includes 15% liquids; Up 30% since entering...
Diversified Energy Closes on $445 Million ABS Financing
Diversified Energy Company has closed an asset backed securitization (ABS) of substantially all remaining unsecuritised upstream producing natural gas and oil Appalachia assets. This financing is linked to key performance indicators (KPI) based on emissions reduction...
Diversified Energy Co. Finalizes Sale of Undeveloped Haynesville Asset
Diversified Energy Company PLC has closed the sale of its undeveloped Haynesville acreage in Texas. Diversified and Oaktree Capital Management divested their working interests in the acreage for a total cash consideration of approximately $67.4 million...
Diversified Wraps Up PE-Backed Deal for Tapstone's Mid-Con Assets
Diversified Energy Company PLC has closed its acquisition of Oklahoma-based Tapstone Energy Holdings, LLC and related party KL CHK SPV, LLC. Oaktree Capital Management made a co-investment in the Acquisition on behalf of Diversified Energy. The...
Diversified Energy's Credit Line Grows 32% to $825MM
Diversified Energy Company PLC's bank lending group, led by KeyBank National Association, completed its semi-annual redetermination of the Company's senior secured credit facility. The Bank Group approved an $825 million borrowing base, representing a $200 million...
Diversified Gas & Oil's Borrowing Base Reaffirmed at $425 Million
Diversified Gas & Oil PLC's bank lending group, led by KeyBank National Association, reaffirmed the existing $425 million borrowing base of the Company's senior secured credit facility with no changes to pricing, covenants or other material...
Diversified Gas & Oil Fourth Quarter, Full Year 2020 Results
Diversified Gas & Oil PLC reported its annual results for the full-year ended December 31, 2020. Key Highlights: December exit rate production of 103 MBoepd (617 MMcfepd), 8% higher than 2019 exit (95 MBoepd) Exceptionally low...
Diversified Gas & Oil Borrowing Base Reaffirmed at $425 Million
Diversified Gas & Oil PLC's bank lending group, led by KeyBank National Association, has reaffirmed the existing $425 million borrowing base with no changes to pricing, covenants or other material terms. Following the redetermination, DGO's liquidity...
Diversified Gas & Oil Second Quarter 2020 Results
Diversified Gas & Oil PLC reported its Q2 2020 results. Key Highlights: June 2020 exit rate net production of 109.0 MBoepd (653.8 MMcfepd) Exit rate net production of 18.7 MBoepd (112.0 MMcfepd) from the EQT Corporation...
Diversified Gas & Oil's Credit Line Reaffirmed at $425 Million
Diversified Gas & Oil's lending group, led by KeyBank National Association, has reaffirmed the existing $425 million borrowing base. The Bank Group also approved amendments enhancing the Company's hedging capabilities. There were no changes to pricing...
April 2020 Update : Acquisition, Divestiture and Mergers Update
As a result in of the dramatic fall in prices we are seeing deals get re-negotiated. In this report, we looked at the latest A&D deals. Plus trends that includes total deals by quarter vs the...
Diversified Details Latest Executive Changes Post-Acquisition
Diversified Gas & Oil has detailed changes to its organizational structure after its recent acquisitions. The new senior roles include: Michael W. Garrett, CPA, Vice President of Accounting and Controller. Mr. Garrett, who joins from Callon...