Diversified Energy Completes Acquisition of Texas Natural Gas Assets-March 2024-www.financetom.com

Diversified Energy Completes Acquisition of Texas Natural Gas Assets

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Diversified Energy Completes Acquisition of Texas Natural Gas Assets

Aug 16, 2024 5:19 AM

08:11 AM EDT, 08/16/2024 (MT Newswires) -- Diversified Energy ( DEC ) said Friday that it has completed acquisition of high-working interest, operated natural gas properties and related facilities in eastern Texas from Crescent Pass Energy.

The net purchase price was $101 million, Diversified Energy ( DEC ) said. The deal was financed through the issuance of 2.2 million new shares and $71 million in cash.

The new shares will be admitted to the London Stock Exchange on or around Aug. 19, Diversified Energy ( DEC ) said.

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