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Investegate announcements from Diversified Energy, Conditional Acquisition of Central Region Assets

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  Diversified Energy Company PLC (LSE: DEC) announces the conditional acquisition of certain Cotton Valley and Haynesville upstream assets and related facilities ("the Assets") in the states of Louisiana and Texas from Tanos Energy Holdings III LLC ("Tanos") (the "Acquisition").   Concurrently, Oaktree Capital Management, L.P. ("Oaktree") will co-invest in the Acquisition under the joint participation agreement announced on 5 October 2020, marking Oaktree's inaugural participation in a transaction with Diversified and affirming their confidence in the Company's rece...

Diversified Energy Co. agreed in May to purchase Barnett Shale assets from Blackbeard Operating LLC for $180 million. The transaction comes on the heels of Diversified closing on its acquisition of Indigo Minerals LLC’s Cotton Valley assets in Louisiana.

Photo: Barry Williams (Getty Images) When it comes to the U.S. oil and gas industry’s greenhouse gas pollution, I tend to think of well-known and much-hated oil giants like Chevron and Exxon. But a new analysis released Tuesday shows that when it comes to the energy sector’s methane emissions, these massive firms aren’t the only major contributors. Small, relatively unknown fossil fuel drillers are some of the worst culprits, particularly when it comes to methane emissions. Advertisement The research, which was commissioned by Clean Air Task Force and Ceres with support from Bank of Am...