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Diversified Energy Co. PLC, a natural gas producer from the Appalachian region, saw their shares fall more than 15% recently. This occurred after House Democrats started checking into the company's
Diversified Energy is growing again. In February Diversified bought out and merged in well-plugging company Next LVL Energy, headquartered in the Pittsburgh area (see Diversified Energy Buys Well-Plugging Co. NextLVL Energy). Yesterday Diversified announced it is buying a second well-plugging company, Nick's Well Plugging LLC, based in Warren, Ohio, for an undisclosed price. Diversified will
Another genius move by Diversified Energy (formerly Diversified Gas & Oil). Diversified owns close to 8 million acres of leases... Continue reading
NextLVL Energy, a Pittsburgh-based well plugging company, was founded by several former EQT Corporation executives following the change in power... Continue reading