Diversified Energy

Diversified Energy’s Recently Purchased Tanos Energy Achieves Project Canary Gold Rating

Retrieved on: 
Tuesday, April 4, 2023

Diversified Energy's ("Diversified") (LSE: DEC) recently purchased Tanos Energy received high ratings from the Project Canary Low Methane Verified Attribute and environmental risk assessment (TrustWell) independent verification system on the East Texas producing assets, Project Canary announced today.

Key Points: 
  • Diversified Energy's ("Diversified") (LSE: DEC) recently purchased Tanos Energy received high ratings from the Project Canary Low Methane Verified Attribute and environmental risk assessment (TrustWell) independent verification system on the East Texas producing assets, Project Canary announced today.
  • The rating reflects the Tanos management team and its equity backer Quantum Energy Partners’ commitment to operational excellence, environmental performance, and sustainable development.
  • The Project Canary environmental risk assessment "Gold" rating confirms high operational marks across 600 quantitative and qualitative data points relevant to well construction, emergency management, emissions, and water use, per well.
  • The low methane intensity and Gold rating enable Diversified Energy to access Responsibly Sourced Gas (RSG) markets.

Iconic Air Announces Emissions Reduction Partnership with Diversified Energy

Retrieved on: 
Wednesday, November 30, 2022

MORGANTOWN, W.Va., Nov. 30, 2022 /PRNewswire/ --Iconic Air and Diversified Energy Company PLC (LSE:DEC) ("Diversified Energy") are excited to announce a partnership to automate, benchmark, and manage carbon emissions with Iconic Air's Emissions Intelligenceplatform.

Key Points: 
  • MORGANTOWN, W.Va., Nov. 30, 2022 /PRNewswire/ --Iconic Air and Diversified Energy Company PLC (LSE:DEC) ("Diversified Energy") are excited to announce a partnership to automate, benchmark, and manage carbon emissions with Iconic Air's Emissions Intelligenceplatform.
  • Diversified Energy is leveraging the platform as part of its Smarter Asset Management program - a commitment to incorporate sustainability into the fabric of its financing and operating strategies.
  • Paul Espenan, Senior Vice President-EHS at Diversified Energy, commented:
    "One of the foundational elements of our business is being responsible stewards of our assets.
  • "Partnering with Diversified Energy, an award-winning operator for sustainability reporting, is a significant milestone for Iconic Air and an excellent opportunity to demonstrate the full power of our Emissions Intelligence platform as the system of record for upstream operators on their road to net zero," said Kyle Gillis, CEO of Iconic Air.

Iconic Air Launches First-of-Its-Kind Emissions Tracking Platform to Help the Oil and Gas Industry Decarbonize

Retrieved on: 
Wednesday, October 5, 2022

Funds will be used for hiring top software engineering and carbon talent as well as growing its sales team as Iconic Air continues building out platform capabilities.

Key Points: 
  • Funds will be used for hiring top software engineering and carbon talent as well as growing its sales team as Iconic Air continues building out platform capabilities.
  • View the full release here: https://www.businesswire.com/news/home/20221004006192/en/
    Kyle Gillis and James Carnes founded Iconic Air in 2020 to help the oil and gas industry decarbonize faster and smarter, working in partnership to revolutionize an industry critical to the worlds energy transition.
  • (Photo: Business Wire)
    The Iconic Air Emissions Intelligence platform is introduced as all industries undergo the energy transition, where carbon emissions are measured and tracked with the same importance as dollars and cents.
  • Organizations leveraging Iconic Air are advancing to compute and report emissions data monthly (versus annually with manual, unscalable processes) using Iconic Airs data management and visualization tools.

Sharp Energy Expands Further into North Carolina with new Sharp AutoGas Fueling Station

Retrieved on: 
Thursday, September 15, 2022

DOVER, Del., Sept. 15, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) subsidiary Sharp Energy celebrated the opening of a new fueling station in Dunn, North Carolina, on Wednesday, Sept. 14, with a ribbon-cutting ceremony.

Key Points: 
  • DOVER, Del., Sept. 15, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) subsidiary Sharp Energy celebrated the opening of a new fueling station in Dunn, North Carolina, on Wednesday, Sept. 14, with a ribbon-cutting ceremony.
  • The facility is the first Sharp AutoGas fueling station dispensing propane autogas in North Carolina.
  • The newly constructed fueling station is located at 17220 U.S. Route 421 in Dunn, North Carolina, and isone of 60 propane fueling stations operated by Sharp AutoGas.
  • The ribbon-cutting event included representatives from the North Carolina Energy Policy Council, Dunn Chamber of Commerce and the North Carolina Technical Education Center, among others.

Montana-Based Group Invests $55M in Home-Grown High-Tech Methane Detection Company, Bridger Photonics, Inc.

Retrieved on: 
Thursday, September 1, 2022

This minority-share investment in Bridger represents the largest investment of its type for each of the investors.

Key Points: 
  • This minority-share investment in Bridger represents the largest investment of its type for each of the investors.
  • Bridger developed Gas Mapping LiDAR, a methane detection technology that has transformed the way the oil and gas industry detects and manages emissions.
  • Bridger's strong growth history and growth potential, combined with the unique competitive positioning of Gas Mapping LiDAR in the methane detection space, made Bridger a compelling opportunity for the syndicate.
  • Located in Bozeman, Montana, Bridger Photonics, Inc. provides aerial methane detection, localization, and quantification across the natural gas value chain.

Verde Bio Holdings, Inc. Announces Acquisition of Haynesville Shale Mineral and Royalty Interest

Retrieved on: 
Tuesday, May 3, 2022

FRISCO, TX, May 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Verde Bio Holdings, Inc. (OTCQB: VBHI), a growing oil and gas Company, today announced that it has entered into an agreement to acquire revenue producing mineral and royalty interests in the prolific Haynesville Shale of Northern Louisiana, held by a private seller for a purchase price of $3.2 million in cash. The Company continues to build a diversified, revenue-producing portfolio of high-quality assets. Today’s announcement marks the nineteenth acquisition by Verde to date.

Key Points: 
  • Todays announcement marks the nineteenth acquisition by Verde to date.
  • The interest acquired by Verde currently produces approximately $70,000 per month in revenue and Verde is entitled to the cash flow from production attributable to the acquisition beginning on or after May 1, 2021.
  • The interest being acquired covers approximately 5,760 gross acres in Desoto Parish, LA and is operated by E&P leader, Southwestern Energy and Diversified Energy.
  • Scott Cox, CEO of Verde, said, We are excited about the interests being acquired through this acquisition.