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Diversified Energy delivers 'solid' Q1 performance
By Iain Gilbert
Date: Thursday 09 May 2024
(Sharecast News) - Oil production company Diversified Energy reported "solid" Q1 results on Thursday as it said ongoing cost-cutting efforts were already paying off.
Diversified Energy said Q1 production hit 121,000 barrels of oil equivalent per day, while its exit rate reached 124,000 boepd, meaning production was "essentially flat" quarter-on-quarter.
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