Item 3. Legal Proceedings
Item 3. Legal Proceedings
We are a party to various routine legal proceedings, disputes and claims arising in the ordinary course of our business, including those
that arise from interpretation of federal and state laws and regulations affecting the crude oil and natural gas exploration and
development industry, personal injury claims, title disputes, royalty disputes, contract claims, contamination claims relating to crude
oil and natural gas exploration and development and environmental claims, including claims involving assets previously sold to third
parties and no longer part of our current operations. While the ultimate outcome of the pending proceedings, disputes or claims, and
any resulting impact on us, cannot be predicted with certainty, we believe that none of these matters, if ultimately decided adversely,
will have a material adverse effect on our financial condition, results of operations or cash flows.
Disclosure of certain environmental matters is required when a governmental authority is a party to the proceedings and the
proceedings involve potential monetary sanctions that we reasonably believe could exceed a specified threshold. Pursuant to Item 103
of Regulation S-K, we have elected to apply a threshold of $1.0 million for purposes of determining whether disclosure of any such
proceedings is required. Applying this threshold, we are not aware of any such proceedings.
Item 4. Mine Safety Disclosures
Not applicable.
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Table of Contents
Form 10-K
Diversified Energy Company
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.