Diversified Energy Company completed the acquisition of natural gas properties and eastern Texas facilities from Crescent Pass Energy for $106m.

Diversified Energy Company, an energy company, completed the acquisition of natural gas properties and eastern Texas facilities from Crescent Pass Energy, a exploration and production company focused on creating value through acquisition and development, for $106m. "We are excited to announce the completion of another attractively-priced acquisition of Central Region assets which stands to benefit Diversified as a result of our continued growth in scale and density throughout the asset footprint. We are excited to on board our new employees from Crescent Pass and begin the process of efficient integration and deployment of Smarter Asset Management along with our sustainability initiatives across these assets, while adding robust cash flows that further support our business," Rusty Hutson, Diversified Energy CEO.