One-Page Deal Sheet
Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal
Diversified Energy Company plc Sheridan Production Partners
Announced Date
February 26,2026
Transaction Type
Asset
Location
Calculated Metrics( EV/Category)
Region
Ark-La-Tex
Country
United States
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
Production ($/Mcfe/d)
Transaction Details: Subscribe to see
Diversified Energy Company executed a purchase and sale agreement to acquire high-working-interest natural gas properties and related facilities in East Texas from Sheridan Production for $245 million in cash before customary adjustments. The acquisition is funded through existing liquidity from Diversified's senior secured bank facility and is expected to close in the second quarter of 2026. The acquired assets are contiguous with Diversified's existing East Texas operational footprint and are expected to contribute approximately 62 MMcfe/d of 2026 net production (72% natural gas, 28%…
Ark-La-Tex Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-16-2026 |
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Click here | Louisiana | E&P |
| Oct-23-2025 |
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| Jan-11-2024 |
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| Dec-15-2023 |
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| Jul-13-2022 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
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