diversified energy co said tuesday that its 2022 fullyear production rose 14 and that its results for the year were in line with market expectations the ftse 250 gas producer said fullyear production was 135000 barrels of oil equivalents a day the company said it maintained strong cash margins in the year by vertically integrating acquired assets and realizing synergies the company said it had retired over 200 wells in the period and that this was ahead of its 2023 target diversified energy said it started 2023 on solid footing with around 85 of its gas production hedged at an average floor price of 363 per 1000 cubit feet of natural gas shares at 0906 gmt were up 030 pence or 03 at 11030 pence