Diversified Energy, Carlyle agree to buy Camino Natural Resources assets for $1.18 billion
Diversified Energy Company
مجموعة كارلايل
Diversified Energy Company DEC | 0.00 | |
Carlyle Group Inc CG | 0.00 |
- Diversified Energy, partnered with Carlyle Global Credit, agreed to buy oil and gas properties in Oklahoma Anadarko Basin from Camino Natural Resources for USD 1.18 billion, before customary adjustments.
- Assets include about 300 MMcfepd of net production, about 1,478 Bcfe of proved reserves, about 101,000 acres in SCOOP/STACK/MERGE.
- Financing centers on an asset-backed securitization arranged by Carlyle through a newly formed SPV holding producing assets, split about 60% Carlyle, 40% Diversified; undeveloped acreage stays 100% with Diversified.
- Diversified expects to fund about USD 210 million net through its senior secured bank facility, without equity issuance.
- Closing targeted for Q3 2026, adding more than 100 drill-ready locations and expanding Diversified’s Oklahoma inventory to more than 450 locations pro forma.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diversified Energy Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605061615HUGIN___UKPR_REG_GNW9714811-en) on May 06, 2026, and is solely responsible for the information contained therein.
