Diversified Energy to buy Canvas Energy in $550M deal, adding Oklahoma acreage

8 hours ago 1
Fracking Drill Rig at Sunset

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Diversified Energy (NYSE:DEC) said post-market Monday it agreed to acquire privately-held Oklahoma operator Canvas Energy for ~$550M in cash and stock, expanding its central Anadarko Basin portfolio.

Diversified (NYSE:DEC) said the acquisition will be funded through a combination of

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