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Diversified Energy Company
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April 2024 Corporate Presentation
| Rusty Hutson, Jr. | Page 19 of 11 |
April 29, 2024
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"April 2024 Corporate Presentation"
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CREATING VALUE ACROSS OPERATING REGIONS Capillary string well treatments improves production without the need for workover rigs or artificial lift systems Multiple Operating Regions = Multiple Resource Pools Expansion to the Central Region increased the potential for knowledge-sharing and transfer of available inventory Operating Scale Results in Smarter Asset Management Win Operations identified the ability to utilize surplus capillary string equipment in Central Region for well optimization in Appalachia Capillary String Well Treatment Applied in Appalachia Implementation in Appalachia was highly successful and multiple well sites are under review for continued utilisation 1,200 1,700 2,200 2,700 3,200 8/2/2022 8/30/2022 9/27/2022 10/25/2022 11/22/2022 West Virginia Well (Hz) Mcf/d Prior Production After Optimisation 500 1,000 1,500 2,000 2,500 3,000 6/5/2022 7/3/2022 7/31/2022 8/28/2022 9/25/2022 Pennsylvania Well (Hz) Mcf/d Prior Production After Optimisation