Diversified Energy to Acquire Maverick Natural Resources in Biggest Deal Ever
In a move that will significantly expand its operations, Diversified Energy has agreed to purchase private-equity owned Maverick Natural Resources. The deal is valued at approximately $1.3 billion, including debt.
Based in Texas and Oklahoma, Maverick Natural Resources has already established itself as a major player in the Permian Basin region. Diversified Energy's acquisition of the company will not only boost its presence in this key market but also provide access to new resources and expertise.
The deal represents a significant milestone for Diversified Energy, marking its largest acquisition ever. With the addition of Maverick Natural Resources' assets and operations, the company is poised to further diversify its portfolio and drive growth.
While terms of the deal have not been disclosed, sources close to the transaction confirm that it was confirmed earlier by The Wall Street Journal.
In a move that will significantly expand its operations, Diversified Energy has agreed to purchase private-equity owned Maverick Natural Resources. The deal is valued at approximately $1.3 billion, including debt.
Based in Texas and Oklahoma, Maverick Natural Resources has already established itself as a major player in the Permian Basin region. Diversified Energy's acquisition of the company will not only boost its presence in this key market but also provide access to new resources and expertise.
The deal represents a significant milestone for Diversified Energy, marking its largest acquisition ever. With the addition of Maverick Natural Resources' assets and operations, the company is poised to further diversify its portfolio and drive growth.
While terms of the deal have not been disclosed, sources close to the transaction confirm that it was confirmed earlier by The Wall Street Journal.