Diversified Energy Company PLC (LSE:DEC) has provided an update to the market on its most recent Third Quarter 2023 production results, which are anticipated to be in the range of 805 MMcfepd (134 Mboepd)- 830 MMcfepd (138 Mboepd), in line with expectations, and reflects the sale of our non-operated assets completed during the second quarter of 2023.
Additionally, given the current equity market dynamics, the Company is no longer pursuing its previously communicated desire to list shares in the US. The Company will continue to execute share repurchases under its previously announced share repurchase program.
Diversified Energy Company PLC is an independent energy company engaged in the production, marketing, transportation, and retirement of primarily natural gas related to its US onshore upstream and midstream assets.
