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.

With both acquisitions, Diversified said on May 21 that it would add 300,000 net acres of leasehold to in the region it’s dubbed the central regional focus area. Combined, the company has spent $315 million gross for 192 million cubic feet equivalent of natural gas per day. The company also counted PDP PV-10 reserves of $413 million.

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