Diversified Energy Co (DEC): M&A transaction — Diversified Energy closes $248M purchase of East Texas oil & gas wells

Diversified Energy Co

Acquired wells and leasehold interests in Cherokee, Harrison, Nacogdoches, Panola, and Rusk counties for ~$248M.
Purchase price funded by borrowings under Diversified's senior secured revolving credit facility.
Transaction was previously announced on Feb 26, 2026; financial statements will be filed within 71 days.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Diversified Energy Co completed an acquisition involving Sheridan Holding Company III, LLC for $248 million (closed 2026-04-30).

Action: acquisition
Counterparty: Sheridan Holding Company III, LLC
Consideration: $248 million
Closing: 2026-04-30

Exact text from the filing

On April 30, 2026, the Transaction closed for a total purchase price of approximately $248 million

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Source: SEC EDGAR

accession 0001922446-26-000034

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