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Diversified Energy Company
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April 2024 Corporate Presentation
| Rusty Hutson, Jr. | Page 31 of 11 |
May 02, 2024
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"April 2024 Corporate Presentation"
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31 April 2024 51.5% 48.5% Diversified Oaktree ~100% Interest Increase ADDING SCALE TO EXISTING CENTRAL REGION OPERATIONS Reserves as of November 01, 2023 effective date; Change in percent of ownership calculated using the average Diversified and Oaktree ownership interest in the underlying historical coinvestments 82% 11% 7% Nat Gas NGLs Oil ~510 Bcfe 1P Reserves Diversified-Only Wells Oaktree Co-investment Wells Diversified-Only Acreage Oaktree Co-investment Acreage LEGEND Acquisition Doubles Central Region Acreage Increasing PDP Reserves ? Significant gas weighting ? Value-enhancing liquids ? Low-decline production Upsizing Interest in Assets ? ~100% increase in ownership ? Diversified operates assets ? Drives administrative efficiencies East Texas Indigo Tapstone Tanos