Diversified Energy Company (NYSE:DEC; LSE:DEC) completed its acquisition of Oklahoma-based Canvas Energy in November 2025, expanding its leadership position in Oklahoma with an accretive natural gas acquisition.
The deal adds production of approximately 11,000 barrels of oil equivalent per day consisting of 99% natural gas for the first four months of 2025.
Kirkland & Ellis LLP is serving as legal advisors, and KeyBanc Capital Markets is serving as financial advisor to Diversified Energy on the Acquisition.