Latham Advises Carlyle on Acquisition of Camino Natural Resources With Diversified Energy

Diversified Energy Company (NYSE: DEC, LSE: DEC) in partnership with global investment firm Carlyle's (NASDAQ: CG) Global Credit platform announced the execution of a purchase agreement for the acquisition of a bolt-on portfolio of certain oil and natural gas properties, along with related assets located within the Anadarko Basin of Oklahoma from Camino Natural Resources (the Acquisition). Notably, the Acquisition provides an additional 100, high-quality undeveloped inventory locations in an active development area, with Diversified owning in excess of 450 locations in Oklahoma, pro forma for the acquisition. Camino will retain its ownership of the Chickasha development area.

Latham & Watkins LLP represents Carlyle in the transaction with a team led by Stelios Saffos, Global Chair of Latham’s Capital Markets and Hybrid Capital Practices, and Peter Sluka, Global Co-Chair of Latham’s Hybrid Capital Practice, and partners Chris Heasley and Cory Tull, with associate Nate Guerra. Advice was also provided on finance matters by partner Jim Fogarty; and on antitrust matters by partners Ian Conner and Peter Todaro, and senior manager control attorney Matthew Piehl.