Diversified Energy Co PLC (LSE:DEC)
£ 10.75 0 (0%) Market Cap: 508.88 Mil Enterprise Value: 1.54 Bil PE Ratio: 0.86 PB Ratio: 1.11 GF Score: 64/100
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Diversified Energy Company PLC To Discuss Acquisition With Tanos Energy Holdings LLC Call Transcript

Jul 05, 2021 / 12:00PM GMT
Release Date Price: £22 (+0.36%)
Operator

Greetings, and welcome to Diversified Energy Company Acquisition Update. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host today, Mr. Rusty Hutson, Jr. Please proceed.

Robert Russell Hutson
Diversified Energy Company PLC - Co-Founder, CEO, President & Director

Thank you very much. Good afternoon for those attending in London. Good morning for those attending here in the U.S. Diversified announced -- had 2 RNSs in the market this morning. One was the conditional -- or announcement of a conditional signing of a PSA on some assets in the Cotton Valley/Haynesville area, which are complementary to our Indigo assets that we acquired back in May. The second RNS was the completion of the Blackbeard assets that we announced in May, and that was completed on Friday.

You can read both of those RNSs to get caught up on that, but the Blackbeard transaction is now complete and the Tanos transaction PSA is signed. Today, what we'd like to do is just walk through a short

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