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Diversified Energy Acquires Additional Asset Retirement Company

PUBLIC · DECMay 16, 2022

Acquiring Company

Diversified Energy

Acquired Company

Asset Retirement

BirminghamEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass Energyoil & energy

Description

Diversified Energy Company PLC (LSE: DEC) ("Diversified" or "the Company") acquired privately held Nick's Well Plugging LLC ("NWP"), further expanding its internal well-retirement capacity. NWP is a well-established plugging service provider headquartered in Warren, Ohio with a combined 50+ years of oil and gas experience, including plugging oil and gas wells across Appalachia.

Quick answer

Diversified Energy is acquiring Asset Retirement, announced May 16, 2022. Diversified Energy is based in Birmingham, Alabama, United States.

How much did Diversified Energy pay for Asset Retirement?
The deal value was not disclosed.
What does Diversified Energy do?
Diversified Energy is a prominent energy company specializing in oil and gas exploration, production, and distribution.
Where are Diversified Energy and Asset Retirement based?
Diversified Energy is based in Birmingham, Alabama, United States.
Who are the decision-makers at Diversified Energy?
Fundz holds 1 contact at Diversified Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Diversified Energy

Location

1600 Corporate Drive

Birmingham, Alabama, United States

About

Diversified Energy is a prominent energy company specializing in oil and gas exploration, production, and distribution. With a strong focus on sustainable energy solutions, the company has established itself as a key player in the energy industry, with operations spanning across multiple states.

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Frequently asked

Who acquired Asset Retirement?

Asset Retirement was acquired by Diversified Energy, based in Birmingham. The deal was reported on May 16, 2022. Diversified Energy is a prominent energy company specializing in oil and gas exploration, production, and distribution. Diversified Energy is publicly traded (DEC) and operates in Energy.

When did Diversified Energy acquire Asset Retirement?

Diversified Energy's acquisition of Asset Retirement was reported on May 16, 2022. Diversified Energy Company PLC (LSE: DEC) ("Diversified" or "the Company") acquired privately held Nick's Well Plugging LLC ("NWP"), further expanding its internal well-retirement capacity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Asset Retirement do?

Asset Retirement is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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