Central Regional Focus Area Acquisitions 21 May 2021
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PROVEN CONSOLIDATION STRATEGY SETS THE STAGE PEOPLE A Proven Business Model with a Strong Foundation PROCESS to Sustain and Expand our Asset Portfolio SYSTEMS 75 Million 1.8 Billion in Enterprise Value through Deliberate,…
GROWTH ALIGNS WITH ESG COMMITMENTS Underpinned by Stewarding existing assets and a commitment to Continuously Identify, Improve, Monitor Measurable Progress across the E S & G Environmental Social Governance Total CO2e GHG Emissions…
CENTRAL REGIONAL FOCUS AREA STRATEGIC ALIGNMENT Regional Highlights Key Value Drivers Current gross production: 24 Bcfepd (90% Gas) = 4 Million Boepd Ample Potential for Scale Availability of mature producing assets throughout the…
ACQUISITIONS SUMMARY Highlights Acquisition Parameters Blackbeard Indigo(a) Building scale in Central RFA with conditional acquisitions of Gross Purchase Price (MM) 180 135 assets from Blackbeard Operating LLC (Blackbeard) and Net…
CENTRAL FOCUS AREA NEIGHBORHOOD MAPS BARNETT SHALE HAYNESVILLE/COTTON VALLEY Oklahoma Texas Central Regional Focus Area Acquired Assets Barnett Cotton Valley Haynesville Largest Operators / Producers Largest Operators…
SOURCES AND USES SUMMARY SELECTED HIGHLIGHTS ILLUSTRATIVE CAPITALISATION TABLE Expects to fund the aggregate acquisitions and transaction fees with: in millions 2020 Anticipated 2020 225 MM(a) equity issuance (gross) (Totals may not…
CENTRAL AREA DELIVERING HIGH IMPACT GROWTH Committed to Per Share Accretion Acquisition of long-life, low-decline producing assets Equity Weighted Growth Illustrative growth using 335MM of debt capacity assuming 3.5x purchase…
KEY BENEFITS OF CENTRAL RFA ACQUISITIONS Accretive Scalable Opportunistic Strategic Provides immediate Establishes a Diversifies Increases pipeline of accretion and allows regional foothold to geographic exposure value-add…
Appendix
ADDITIONAL BARNETT DETAILS Barnett Producing Area Overview Blackbeard Acquisition Specific Details History of Barnett Development Revenue and Expense Details First commercial natural gas shale play in the U.S. discovered by Mitchell…
COMPANY INFORMATION About Diversified Energy Company PLC For the latest news and financial information, please visit www.div.energy Diversified Energy Company is a leading, independent energy company engaged in Market and Trading…
BUSINESS MODEL NATURALLY ALIGNS WITH ESG Culture & Strategy Focused On Stewardship Focus on low-cost, low-decline, lower carbon DGO diligences natural gas, synergistic upstream and environmental, emissions, Acquire complementary…
CORPORATE HIGHLIGHTS 2020 Milestones Full-year average daily net production of 100 Mboepd, up 18% December 2020 consolidated exit rate of 103 Mboepd (617 MMcfepd), 8% increase YOY Exit rate of 105 Mboepd (628 MMcfepd) adjusting for…
SMARTER ASSET MANAGEMENT WORKS The Evolution of an Operating Philosophy Upstream SAM Contribution Same Philosophy, Expanded Asset Base Smarter Smarter Wells & (a) Well Asset Midstream Management Management 58 Cumulative…
SAFELY & SYSTEMATICALLY RETIRING WELLS Numbers Reflect A Commitment to Stewardship, Partnership Plugging Minimally Impactful to Cash Flow West Virginia Kentucky Ohio Pennsylvania 2.4MM 80 Required Annual Plugs Cash Impact of…
DIVERSIFIED BROKERS Corporate Tennyson Stifel PO Box 381087 Tennyson Securities Stifel Nicolaus Europe Ltd Birmingham, Alabama 65 Petty France 150 Cheapside 35238-1087 (USA) London SW1H 9EU London EC2V 6ET www.div.energy Teresa…
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