10:58 AM EDT, 10/30/2024 (MT Newswires) -- Diversified Energy ( DEC ) said Wednesday it completed its acquisition of operated natural gas properties within eastern Texas from a regional operator for a total gross purchase price of $69 million.

The net consideration for the deal consists of the issuance of about 2.3 million new US-dollar denominated shares to the seller and $22 million in cash, drawing from a senior secured bank facility, the company said.

Diversified Energy ( DEC ) shares were up 2% in recent trading.

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