Diversified Energy (LON:DEC) CEO Rusty Hutson talks to Proactive London about expanding their footprint in its new growth area with a deal to acquire assets in the states of Louisiana and Texas.
It is acquiring a package of 390 wells currently producing 14,000 barrels oil equivalent per day (boepd), of which 96% is natural gas, alongside co-investor Oaktree Capital Management.
Hutson explains how these various acquisitions complement each other and details the operating efficiencies and synergies. Diversified is focussed on natural gas which he says has an important role in the energy transition.
He says, ‘my goal is to develop size and scale that puts us up in 2-3bln market range, with possible dual listing’.
Story by ProactiveInvestors
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)
Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.