Diversified Closes Summit Natural Resources Deal for $42MM
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin
Announce Date
Post Date
Close Date
Estimated Price
42BB
Description
Diversified Energy Co. Plc has closed its deal with Summit Natural Resources to buy operated natural gas assets and midstream infrastructure for approximately $42 million, the company said Feb. 27.
The assets, located in the Appalachian Basin in Virginia, West Virginia and Alabama, overlap Diversified’s existing operations and include coal mine methane volumes.