Diversified Energy Company Completes Acquisition of Maverick Natural Resources
BIRMINGHAM, Ala., March 14, 2025
Diversified Energy Company PLC, an independent energy firm specializing in natural gas and liquids production, transportation, marketing, and well retirement, has announced the successful completion of its previously declared acquisition of Maverick Natural Resources. This merger, first announced on January 27, 2025, and subsequently updated on February 20, 2025, marks a significant milestone for Diversified as it expands its operational footprint and enhances its market presence.
Impact on Diversified Energy Company
With the completion of the Acquisition, Diversified Energy Company gains access to Maverick’s extensive portfolio of natural gas and oil assets, which includes approximately 210,000 net acres in the Permian Basin and the Eagle Ford Shale. This acquisition not only adds to Diversified’s existing production of over 200,000 barrels of oil equivalent per day (BOE/d), but also strengthens its financial position by bringing in approximately $1.8 billion in cash and debt assumptions.
The addition of Maverick’s assets is expected to result in significant synergies for Diversified. The Company estimates that it can achieve annual run-rate synergies of approximately $100 million through operational improvements and cost savings. The integration process is expected to be completed by the end of 2025.
Global Implications
The energy sector, particularly the natural gas and oil industry, is a critical component of the global economy. The completion of Diversified’s acquisition of Maverick Natural Resources could have several implications for the industry and the world at large:
- Increased Production: With the addition of Maverick’s assets, Diversified’s production capacity is expected to grow, contributing to the overall supply of natural gas and oil in the market.
- Economic Impact: The acquisition is expected to create jobs and stimulate economic growth in the areas where the new assets are located. This could lead to increased demand for local goods and services.
- Environmental Considerations: As the energy industry continues to evolve, there is a growing focus on reducing its carbon footprint. The acquisition of Maverick Natural Resources could provide opportunities for Diversified to invest in more sustainable energy solutions and reduce its reliance on traditional fossil fuels.
However, it is important to note that the energy sector faces numerous challenges, including regulatory pressures, price volatility, and the ongoing transition to renewable energy sources. The successful integration of Maverick’s assets into Diversified’s operations will depend on the Company’s ability to navigate these challenges and capitalize on the opportunities presented by the acquisition.
Conclusion
The completion of Diversified Energy Company’s acquisition of Maverick Natural Resources marks a significant milestone for the independent energy firm. The acquisition not only enhances Diversified’s operational footprint and financial position but also has potential implications for the energy sector and the global economy. As the industry continues to evolve, Diversified will need to navigate the challenges and capitalize on the opportunities presented by this acquisition to remain competitive and successful.
The integration process is expected to be completed by the end of 2025, and the Company remains committed to delivering value to its shareholders, employees, and stakeholders. With a focus on operational excellence, financial discipline, and a commitment to sustainable energy solutions, Diversified is well positioned to thrive in the evolving energy landscape.
