Successful placement of Bond Tap Issue

28 Jan 2026 14:05 CET

Diversified Energy Company (NYSE: DEC, LSE: DEC) (“Diversified” or the
“Company”) announces that its wholly-owned subsidiary Diversified Gas & Oil
Corporation has successfully placed a USD 200 million tap issue of the
outstanding senior secured bonds due April 2029 (ISIN NO0013513606) (the "2029
Secured Bonds"). The total bond amount outstanding under the 2029 Secured Bonds
will increase to USD 500 million.
The Company intends to use the net proceeds from the tap issue for general
corporate purposes.
The bonds issued in the tap issue will be issued under a separate ISIN until a
prospectus for the tap issue has been approved, at which time the tap issue
bonds will be merged with the existing secured bonds under the 2029 Secured
Bonds.
DNB Carnegie, a part of DNB Bank ASA, acted as Sole Bookrunner in connection
with the tap issue.
For further information, please contact:
Diversified Energy Company
Doug Kris
Senior Vice President, Investor Relations & Corporate Communications
+1 973 856 2757
dkris@dgoc.com
www.div.energy
FTI Consulting
U.S. & UK Financial Public Relations
dec@fticonsulting.com
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Douglas Kris, SVP, IR and Corporate Communications
of Diversified on the date and time provided.
About Diversified Energy Company
Diversified is a leading publicly traded energy company focused on acquiring,
operating, and optimizing cash-generating energy assets. Through our unique
differentiated strategy, we acquire existing, long-life assets and invest in
them to improve environmental and operational performance until retiring those
assets in a safe and environmentally secure manner. Recognized by ratings
agencies and organizations for our sustainability leadership, this
solutions-oriented, stewardship approach makes Diversified the Right Company at
the Right Time to responsibly produce energy, deliver reliable free cash flow,
and generate shareholder value.
Forward-Looking Statements
Statements contained in this press release that are not historical facts are
forward-looking statements within the meaning of Section 27A of the Securities
Act and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include words or phrases such as “anticipate,”
“believe,” “estimate,” “expect,” “intend,” “likely,” “plan,” “project,” “could,”
“may,” “might,” “should,” “will” and similar words and specifically include
statements regarding the Contemplated Bond Tap Issue and the use of proceeds
therefrom. The forward-looking statements contained in this press release are
subject to numerous risks, uncertainties and assumptions that may cause actual
results to vary materially from those indicated. For additional information
regarding known material risks, you should also carefully read and consider the
Company’s Report on Form 20-F for the year ended December 31, 2024 and
subsequent filings on the Securities and Exchange Commission’s website at
www.sec.gov. Each forward-looking statement speaks only as of the date of the
particular statement, and the Company undertakes no obligation to update or
revise any forward-looking statements, except as required by law.

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