Oil and gas. Colorado. Dad of 3. Run M&A at $DEC.

Cherry Hills Village, CO
Great video on how Rusty Hutson started $DEC. #EFT #OOTT #OIL #OILANDGAS
What does 25 years of PROVEN mean to Diversified? Our people. Last week, we held eight celebrations across our operating footprint, plus a virtual viewing party. Our 2,200+ employees bring grit and dedication to everything we do. 🎥 Here’s a look back.
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I never thought they should spoil the trilogy but the nostalgia hits hard…done right, I *might* get behind a concept like this. What do you think? #backtothefuture @zemeckis_robert Check out Back in the day's video! #TikTok tiktok.com/t/ZP8TFkdSp/
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In case you missed it, for the first time in 25 years, $DEC has its own operated hz drilling program in Oklahoma as a result of our acquisition of assets from Camino.
Twenty-five years into Diversified Energy’s story, we’re adding to our playbook with our first operated well.   The Sequoyah 1307 31-30 1MXH in Oklahoma reached total depth just 12.5 days after drilling began.   Thanks to our team, Cactus Drilling and the crews who got us here.
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Michael Rigg retweeted
"When a well reaches the end of its productive life, we also believe producers shouldn’t walk away. They should retire it responsibly so it is not left as a burden for the community or taxpayers."   Rusty Hutson Jr. in the @bhambizjrnl bizjournals.com/birmingham/n…
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Michael Rigg retweeted
On the first anniversry of 9/11. The wsj.com/articles/SB122418892… via @WSJopinion
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Michael Rigg retweeted
At our Longview, Texas 25th anniversary celebration, we recognized Eddie Acord, his son Clay Smith and grandson Byron Smith, three generations of Diversified employees. For Eddie, being “proven” means keeping your word, standing by people, and being someone others can count on.
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Michael Rigg retweeted
Happy Labor Day! Today, we recognize the people who power Diversified. From the field to the office, our employees help keep American energy flowing and support the communities where we live and operate. Thank you for your dedication, hard work, and commitment.
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Michael Rigg retweeted
Diversified was proud to partner with @KidsInNeed support students at French Creek Elementary School in West Virginia through a back-to-school backpack and supply giveaway. Investing in education is one of the many ways we help strengthen the communities we call home. 🎒📚
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Michael Rigg retweeted
ICYMI: Celebrating 25 years of Diversified Energy! At our West Virginia celebration, Chairman and CEO Rusty Hutson, Jr., CFO Brad Gray, Sen. Shelley Moore Capito, Sen. Jim Justice and Dr. Kevin Elko reflected on our growth, our industry’s future, and American energy.
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Michael Rigg retweeted
#DiversifiedEnergy is making its biggest acquisition yet, and a much bigger bet on the #Permian. The $1.8 billion acquisition of #BirchResources adds ~68 Mboe/d of production concentrated in the Northern #MidlandBasin. As the map shows, the deal meaningfully expands Diversified’s Permian position, with 2027E production expected to increase from ~9 Mboe/d to ~77 Mboe/d following closing. This is primarily a #PDPdeal, and the valuation is notable. Using #NoviInsights forecasts and our operating cost assumptions, we estimate PDP PV10 at ~$1.994 billion, remarkably close to management’s ~$2 billion estimate. Our initial reaction looks at the assets, valuation, ABS financing structure, and what the deal could signal about Diversified’s appetite for more Permian acquisitions. novilabs.com/blog/it-doesnt-…
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I am incredibly blessed to be part of such an amazing team. Our acquisition of Birch also happens to coincide with the same week $DEC is celebrating its 25th anniversary. I’m excited to see what comes next!
Today marks an important step forward for Diversified. We announced the $1.8B acquisition of Birch Resources, a transaction that further establishes a scaled position in the Permian basin, America’s most prolific basin. 📄Read the press release: ir.div.energy/news-events/us…
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Michael Rigg retweeted
To celebrate our 25th anniversary, Diversified held a series of employee events across our operating footprint. From the bottom of our hearts, we would like to thank everyone in the Diversified family for their tireless effort and unwavering commitment to excellence.
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Texas head coach Mack Brown says the competition to replace Vince Young is heating up. 5 star true freshman Jevan Snead is the early favorite however redshirt freshman Colt McCoy who was a 3 star recruit in the 2005 class is expected to have a shot at the job as well.
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Michael Rigg retweeted
Replying to @LivermoreOps
Thank you David!
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