Diversified Energy Expands Central Region with $50 Million East Texas Acquisition

Transaction Type
Sellers
Basin
East Texas
Announce Date
Post Date
Estimated Price
$50.0MM
Description

To buy certain East Texas upstream assets and related facilities including includes 691 gross (346 net) operated PDP wells with current 100% natural gas production of 3,700 boe/d, or 22 MMcfe/d, and an estimated engineered next 12-month PDP decline rate of roughly 7%.