---
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"
generated_at: "2026-05-15T21:50:34.937324+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Diversified Energy to acquire East Texas natural gas assets for $245M cash

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001922446-26-000025
- JSON: https://secwatch.observer/filing/0001922446-26-000025.json
- Plain text: https://secwatch.observer/filing/0001922446-26-000025.txt

## Key facts
- Material Agreements
  Diversified Energy Co entered into Purchase Agreement with Sheridan Holding Company III, LLC valued at approximately $248 million (effective 2026-02-26).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Sheridan Holding Company III, LLC
  - Value: approximately $248 million
  - Effective: 2026-02-26
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000025/0001922446-26-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.