Diversified Expands in Haynesville, Buys Tanos Assets for $308M

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Diversified Energy (née Diversified Gas & Oil) continues to expand *outside* of the Marcellus/Utica region. In April the company announced it had purchased ~780 net operated wells and leases in the Cotton Valley/Haynesville region of Lousiana for $135 million (see Diversified Expands Beyond Appalachia First Time, Buys La. Assets). Barely a month later and they bought assets in the Barnett Shale for $180 million (see Diversified Expands Outside M-U Again, Buys Blackbeard in Barnett). And now, a little over a month after that, they've done it again, with another purchase in the Haynesville play, this time for $308 million.

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