-- Diversified Energy (DEC) and Carlyle's (CG) global credit platform exercised a purchase agreement for the acquisition of a portfolio of oil and natural gas properties and related assets in Oklahoma's Anadarko Basin from Camino Natural Resources for $1.18 billion, the companies said Wednesday.
The acquisition includes an additional 100 undeveloped inventory locations in an active area, with Diversified owning more than 450 locations in Oklahoma, the companies said.
The acquisition will be financed by an asset-backed securitization structured and arranged by Carlyle, the companies said.