Core Viewpoint - Diversified Energy Company PLC has announced a proposed secondary offering of 5,713,353 ordinary shares, with an additional option for underwriters to purchase up to 857,002 shares, aimed at raising capital through selling stockholders [1][2]. Group 1: Offering Details - The secondary offering consists entirely of ordinary shares sold by selling stockholders, with all net proceeds going to them, while Diversified will not receive any proceeds from this offering [2]. - The Diversified Employee Benefit Trust has expressed interest in purchasing up to 750,000 ordinary shares at the public offering price, although no commitment has been made [1]. Group 2: Underwriters and Management - Mizuho and Raymond James are acting as joint book-running managers for the offering, with Citigroup also participating as a joint book-running manager [3]. - A shelf registration statement for the resale of these securities was filed with the SEC on May 16, 2025, and became effective upon filing [4]. Group 3: Regulatory and Legal Information - The secondary offering will be conducted only through a prospectus supplement and an accompanying prospectus, which will be available free of charge on the SEC's website [4]. - The announcement does not constitute an offer to sell or solicit offers to buy ordinary shares in jurisdictions where such actions would be unlawful [5].

Core Insights - Diversified Energy Company PLC and Carlyle have formed a strategic partnership to invest up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the United States [1][2][3] Group 1: Partnership Details - The partnership combines Carlyle's expertise in credit and structuring with Diversified's operational capabilities in acquiring and optimizing long-life oil and gas assets [2][3] - Under the agreement, Diversified will operate and service the newly acquired assets, while Carlyle will seek to securitize these assets for long-term financing [3][4] Group 2: Strategic Importance - This partnership enhances Diversified's access to capital in a favorable acquisition market, allowing the company to scale strategic acquisitions [3][4] - The collaboration aims to generate sustainable cash flow and shareholder value by capitalizing on a robust pipeline of opportunities in the PDP asset consolidation space [4] Group 3: Company Profiles - Diversified Energy is focused on natural gas and liquids production, transport, marketing, and well retirement, recognized for its sustainability leadership [5] - Carlyle is a global investment firm with $453 billion in assets under management, operating across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest [6]