Diversified Energy Response to Media Speculation
DEC confirms preliminary discussions regarding possible acquisition of Birch Resources at early stage.
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Diversified Energy Company (NYSE: DEC, LSE: DEC) (the “Company” or “Diversified”) notes recent media speculation regarding a potential transaction involving the Company.
Diversified has an acquisition strategy driven by discipline, focus, skill, and precision. The Company has made 35 acquisitions totaling over $7 billion of value since its IPO in 2017. Acquisitions are a core aspect of the Company’s strategy, and the Company regularly engages in preliminary discussions with potential counterparties in this regard.
The Company confirms that it has had preliminary discussions concerning a possible acquisition of Birch Resources. Discussions are ongoing and remain at an early stage. No agreement has been reached, and there is no certainty that any transaction will occur, nor as to the terms on which any transaction might proceed.
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