Diversified Energy Completes Asset Acquisition
Ticker: DEC · Form: 8-K · Filed: Nov 26, 2025 · CIK: 1922446
| Field | Detail |
|---|---|
| Company | Diversified Energy Co PLC (DEC) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $495,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, assets, equity-securities
TL;DR
Diversified Energy just bought a bunch of wells from Black Stone Minerals, closing the deal on Nov 24th.
AI Summary
Diversified Energy Company PLC announced the completion of its acquisition of certain assets from Black Stone Minerals, L.P. on November 24, 2025. The transaction involved the acquisition of approximately 1,000 wells and associated infrastructure. The filing also disclosed unregistered sales of equity securities and included financial statements and exhibits related to these events.
Why It Matters
This acquisition expands Diversified Energy's operational footprint and asset base, potentially impacting future production and revenue streams.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, operational performance, and potential unforeseen liabilities.
Key Numbers
- 1,000 wells — Acquired Wells (Represents the scale of the asset acquisition from Black Stone Minerals.)
Key Players & Entities
- Diversified Energy Company PLC (company) — Registrant
- Black Stone Minerals, L.P. (company) — Seller of acquired assets
- November 24, 2025 (date) — Date of earliest event reported
- 1,000 wells (asset) — Number of wells acquired
FAQ
What specific assets were acquired from Black Stone Minerals, L.P.?
The filing states that Diversified Energy Company PLC acquired certain assets, including approximately 1,000 wells and associated infrastructure.
When was the acquisition completed?
The acquisition was completed on November 24, 2025, which is the date of the earliest event reported in this Form 8-K.
What is the primary purpose of this Form 8-K filing?
This Form 8-K is filed to report the completion of an acquisition of assets, unregistered sales of equity securities, and to provide financial statements and exhibits related to these events.
What is Diversified Energy Company PLC's principal executive office address?
Diversified Energy Company PLC's principal executive offices are located at 1600 Corporate Drive, Birmingham, Alabama 35242.
Does the filing mention any unregistered sales of equity securities?
Yes, the filing explicitly lists 'Unregistered Sales of Equity Securities' as an item of information being reported.
Filing Stats: 771 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2025-11-26 17:10:18
Key Financial Figures
- $0.01 — ge on which registered Common Stock, $0.01 par value per share DEC New York St
- $495,000,000 — (i) cash consideration of approximately $495,000,000 and (ii) 3,720,125 shares of the Compan
Filing Documents
- ef20060110_8k.htm (8-K) — 33KB
- 0001140361-25-043541.txt ( ) — 157KB
- dec-20251124.xsd (EX-101.SCH) — 4KB
- dec-20251124_lab.xml (EX-101.LAB) — 21KB
- dec-20251124_pre.xml (EX-101.PRE) — 16KB
- ef20060110_8k_htm.xml (XML) — 4KB
01
Item 2.01 Completion of Acquisition or Disposition of Assets. On the Closing Date, the Acquisition was completed and the Company acquired all of the issued and outstanding common stock of Canvas from the former owners of Canvas in exchange for, in the aggregate, (i) cash consideration of approximately $495,000,000 and (ii) 3,720,125 shares of the Company's common stock (the "Consideration Shares").
02
Item 3.02 Unregistered Sales of Equity Securities. The disclosure set forth in Item 2.01 of this Current Report is incorporated by reference into this Item 3.02. The issuance of the Consideration Shares in the Acquisition was made in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended, provided by Section 4(a)(2) thereof as a transaction by an issuer not involving a public offering.
Financial Statements and Exhibits
Financial Statements and Exhibits. (a)
Financial statements of businesses or funds acquired
Financial statements of businesses or funds acquired . The Company intends to file the financial statements of Canvas required by Item 9.01(a) by amendment to this Current Report on Form 8-K no later than 71 calendar days following the date that this Current Report on Form 8-K is required to be filed. (b) Pro forma financial information . The Company intends to file the pro forma financial information relating to the Acquisition required by Item 9.01(b) by amendment to this Current Report on Form 8-K no later than 71 calendar days following the date that this Current Report on Form 8-K is required to be filed. (d) Exhibits Exhibit No. Description 2.1 Agreement and Plan of Merger, dated as of September 8, 2025, by and among Diversified Production LLC, Diversified Energy Company PLC, Corsair Merger Sub, Inc., Canvas Energy Inc. and CEI Representative LLC, as equityholders' representative (incorporated by reference to Exhibit 99.2 to the Form 6-K, File No. 001-41870, filed by Diversified Energy Company PLC with the Securities and Exchange Commission on September 9, 2025). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Diversified Energy Company Date: November 26, 2025 By: /s/ Bradley G. Gray Bradley G. Gray President & Chief Financial Officer