Agreement signedAgreed 8 Sep 2025

Diversified Energy Company /
Canvas Energy Inc.

Diversified Energy Company agrees to buy Canvas Energy Inc.

Buy side: Diversified Energy Company
Buy sideDiversified Energy Company
Target: Canvas Energy Inc.
TargetCanvas Energy Inc.
Diversified Energy Co PLC · 8 Sep 2025Source
Buy side: Diversified Energy Company
Buy sideDiversified Energy Company
Target: Canvas Energy Inc.
TargetCanvas Energy Inc.
01 / BuyerDiversified Energy Company
02 / TargetCanvas Energy Inc.
Source for the buyer and target: Diversified Energy Co PLC

For the buyer and target.

“As previously announced on September 8, 2025, Diversified Energy Company PLC (“DEC PLC”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Diversified Production LLC, Corsair Merger Sub, Inc., Canvas Energy Inc. (“Canvas”) and CEI Representative LLC. On November 21, 2025, Diversified Energy Company (the “Company” or “Diversified”), became the ultimate parent company of DEC PLC and its consolidated subsidiaries.”

Published 26 Nov 2025

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01

What happened

Diversified Energy Company agreed to acquire Canvas Energy Inc. for approximately $495,000,000 and (ii) 3,720,125 shares of the Company’s common stock, according to a filing dated Nov. 26, 2025. [01]

02

The source

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01
Source · Diversified Energy Co PLC

Diversified Energy Company agrees to buy Canvas Energy Inc.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Diversified Energy Co PLC

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  2. Announced

    “Diversified Energy Company agrees to buy Canvas Energy Inc. Diversified Energy Company agreed to acquire Canvas Energy Inc. for approximately $495,000,000 and (ii) 3,720,125 shares of the Company’s common stock, accor…”

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