{"schema_version":"secwatch.filing_event.v1","accession":"0001922446-26-000025","form_type":"8-K","ticker":"DEC","cik":"0001922446","company_name":"Diversified Energy Co","filed_at":"2026-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.773216+00:00","generated_at":"2026-05-15T21:50:34.937324+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Diversified Energy to acquire East Texas natural gas assets for $245M cash","bullets":["Purchase price of $245M cash (subject to adjustments) funded via senior secured credit facility.","Acquiring ~62 MMcfepd (~10 Mboepd) of gas-weighted production with ~72% gas volumes.","Estimated NTM EBITDA of ~$52 million; PDP reserves of 397 Bcfe with PV-10 of $310 million.","Low annual production decline of ~6%; assets contiguous with existing East Texas operations.","Deal expected to close in Q2 2026, subject to customary closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001922446-26-000025","json":"https://secwatch.observer/filing/0001922446-26-000025.json","markdown":"https://secwatch.observer/filing/0001922446-26-000025.md","text":"https://secwatch.observer/filing/0001922446-26-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1922446/000192244626000025/0001922446-26-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1922446/000192244626000025/dec-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T21:50:34.937324+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23fa1493b27dcf2e948e05ac4ba6013c50b521ed","claim":"Diversified Energy Co entered into Purchase Agreement with Sheridan Holding Company III, LLC valued at approximately $248 million (effective 2026-02-26).","evidence_excerpt":"On February 26, 2026, Diversified Production LLC (“Diversified”), a wholly-owned subsidiary of Diversified Energy Company (the “Company”), entered into a purchase and sale agreement (the “Purchase Agreement”) with Sheridan Holding Company III, LLC (the “Seller”) pursuant to which Diversified agreed to acquire certain oil and natural gas wells, leasehold interests and related assets located in certain counties in east Texas","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1922446/000192244626000025/0001922446-26-000025-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Sheridan Holding Company III, LLC"},{"label":"Value","value":"approximately $248 million"},{"label":"Effective","value":"2026-02-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}