Carlyle and Diversified Energy have agreed to acquire Anadarko Basin oil assets from Camino Natural Resources for approximately $1.2 billion. The transaction adds 100 undeveloped inventory locations in an active development area to Diversified's portfolio, significantly expanding the company's presence in Oklahoma's oil fields and strengthening its position in the central US energy market.

Camino will retain ownership of the Chickasha development area following the sale. Diversified, a gas and oil producer operating in the Appalachian Basin and central US, will now control in excess of 450 locations in Oklahoma. The deal represents continued consolidation in the US oil sector as private equity firms pursue energy assets amid volatile market conditions.

The acquisition follows strategic asset accumulation in the region, reflecting confidence in domestic oil reserves despite fluctuating prices. Carlyle's involvement signals private equity's continued interest in energy infrastructure. The deal positions Diversified for increased production capacity in one of America's most active drilling regions, potentially enhancing revenue streams through economies of scale.