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Diversified Energy - Completion of Tapstone Acquisition

DEC · DEC8 Dec 2021

Diversified Energy Company PLC is pleased to announce the closing of its acquisition of Oklahoma- based Tapstone Energy Holdings, LLC and Tapstone's interest in its related party KL CHK SPV, LLC. •Acquisition net purchase price of~ $181 million. •Highly accretive 1.9 x multiple, based on the net purchase price and~ $95 million of estimated next twelve months'...

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