Diversified Energy (formerly Diversified Gas & Oil), with major assets in the Marcellus/Utica region (with assets in other regions, too), owns approximately 8 million acres of leases with 67,000 (mostly) conventional oil and gas wells. The company’s business model is to buy lower-producing wells on the cheap and find ways to make them more productive….
The post Diversified Buys More East Texas Assets from Crescent Pass Energy first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.