Diversified Closes Securitized Financing
Vinson & Elkins advised investors in Diversified Energy Company PLC and Oaktree Capital Management, L.P.’s joint ESG-aligned asset backed securitization of certain co-owned producing natural gas and oil assets located in Oklahoma.
This was the fourth upstream securitization transaction that Vinson & Elkins has closed this year.
The V&E team was led by James Longhofer and John Grand, with assistance from Tzvi Werzberger, Niels Jensen, Demi Hueth, Carter Olson and Elena Sauber.
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