Page 6 - பன்முகப்படுத்தப்பட்ட ஆற்றல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

US: Diversified Energy completes Cotton Valley asset acquisition 19 May 2021 Diversified Energy has confirmed that, further to the announcement made by the Company on 30 April 2021, it has completed the purchase of certain Cotton Valley upstream assets and related infrastructure from Indigo Minerals. Gross consideration paid of $135 million (before customary purchase price adjustments) Annualised 4Q20 Adjusted EBITDA of approx. $40MM PDP reserves of ~50 MMBoe (305 Bcfe) with pretax PV10 of ~$175MM based on 16 April 2021 NYMEX strip Current production of ~16 MBoepd (~95 MMcfepd) includes ~780 net operated wells Retention of key field personnel to streamline integration and Smarter Asset Management initiatives Initial hedge positions cover approx. 80% and 50% of remaining CY2021 and full-year CY2022 production, respectively, from the Acquisition assets

Hutson jrIndigo mineralsDiversified energyCotton valleyCentral regional focus areaSmarter asset managementListing rulesE ampp newsIl and gas explorationXploration and productionNergy pediaEological and geophysicalLternative energyEavy oilIl and gas condensateIcence round