One-Page Deal Sheet
Diversified Energy, Oaktree Sells Haynesville Interest for $72.8MM
Not Disclosed Diversified Energy Company plc, Oaktree Capital Management
Announced Date
November 15,2021
Close Date
December 29,2021
Transaction Type
Property
Enterprise Value (EV)($MM)
73
Asset/Basin:
["Haynesville Shale"]
TargetZones:
["Haynesville Shale"
Net Acres
Location
Calculated Metrics( EV/Category)
Region
Ark-La-Tex
Country
United States
State
Texas
County
Panola ,Rusk ,Harrison ,Leon ,Robertson
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Production ($/Mcfe/d)
Transaction Details: Require Private Equity Subscription
Diversified Energy Company and Oaktree Capital Management have entered into an agreement to divest their working interest in certain predominantly undeveloped Haynesville acreage in Texas for $72.8 million (net $37.3 million to Diversified).
The buyer was not disclosed.
This deal closed on December 29, 2021.
Asset Details: Acreage: 22,729 net acres of predominantly undeveloped Haynesville Shale leasehold in Harrison, Leon, Panola, Robertson and Rusk counties, and $3.6 million for Wells: 38 gross producing wells Production: 1,700 net Mcf/dRusty Hutson, Jr., CEO of the Company commented:
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Feb-26-2026 |
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| Jan-16-2026 |
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| Oct-23-2025 |
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| Jan-11-2024 |
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| Dec-15-2023 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-26-2026 | Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal | - |
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