Natural Gas Operations

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Who We Are

Our focus is to create long-term value for all stakeholders and to maximize shareholder returns through our differentiated strategy of acquiring, optimizing and managing existing natural gas and oil assets. In recent years, Diversified has grown rapidly by capitalizing on opportunities to acquire and enhance producing assets, leverage the operating efficiencies that result from economies of scale, and advance peer-leading sustainability programs.

March 22, 2018
Founded in Houston: Maverick Natural Resources, LLC is formally established as a private oil and natural gas company, headquartered at 1000 Main Street, Houston, Texas.
2018 - 2024
Operational Excellence: Under the ownership of EIG Partners, Maverick builds a strong foundation of execution and efficiency, focusing on asset optimization across Texas and Oklahoma. The company grows to over 200 employees.
January 27, 2025
Strategic Acquisition: Diversified Energy announces a definitive agreement to acquire Maverick Natural Resources for approximately $1.3 billion, significantly expanding its footprint in the Western Anadarko and Permian Basins.
March 13, 2025
Integration Complete: The acquisition is officially finalized. Rick Gideon, former Maverick CEO, transitions to become the Chief Operating Officer of Diversified Energy.
2025 - Present
Diversified Subsidiary: Maverick operates as a key subsidiary of Diversified Energy, contributing to a combined production of ~1,200 MMcfe/d and emphasizing sustainability and operational synergies across its five operating regions.

Our growth and capital return framework stems from our unique business model and successful execution of straight-forward, low-risk and proven operating techniques.

We focus on acquiring existing long-life, low-decline producing wells and, at times, their associated midstream assets, and then efficiently managing the assets to improve or restore production, reduce unit operating costs, reduce emissions and generate consistent Free Cash Flow before safely and permanently retiring those assets at the end of their producing lives.

Explore Detailed Strategy on Diversified Energy →

Safety

No Compromises: Ensuring the care and wellbeing of our employees, our families and our communities is our top priority.

Production

Every Unit Counts: Ensuring every unit we produce provides affordable, reliable energy to our communities and generates value for our shareholders.

Efficiency

Every Dollar Counts: Ensuring every dollar we spend protects our employees, our communities and the investment of our shareholders.

Enjoyment

Have Fun Delivering Great Results: Ensuring our company is a great place to work encourages innovation and celebrates our employees’ accomplishments.