AI data center proposal advances in Letcher County. JENKINS, Ky. (WXKQ) - A local company has secured an option to purchase land in Letcher County to build artificial intelligence data centers. Diversified Energy is evaluating construction of a 100-megawatt natural gas-fired power plant to power a future AI data center at the Gateway Regional Business Park in Jenkins. Although officials say no data center has committed to the site, local leaders say the project remains in the due diligence stage, while supporters point to economic development opportunities and opponents raise concerns about potential environmental impacts and increased demands on public utilities.

Diversified Energy provides Board of director update. BIRMINGHAM, Ala., May 21, 2026 (GLOBE NEWSWIRE) - Diversified Energy Company (NYSE: DEC, LSE: DEC) is pleased to announce that its Board of Directors (the "Board") has appointed Kirk Oliver as an independent non-executive director, effective May 21, 2026. Mr. Oliver brings approximately 20 years of energy industry and financial expertise. He most recently served as Executive Vice President and Chief Financial Officer of Equitrans Midstream Corporation. Prior to joining Equitrans, Mr. Oliver was the Chief Financial Officer of UGI. Mr. Oliver has also held senior executive and financial leadership positions at Allegheny Energy, TXU Corporation and Hunt Power. Earlier in his career, Mr. Oliver worked in investment banking at Lehman Brothers in the Global Power and Energy Group. Mr. Oliver received his Bachelor of Science degree in Electrical Engineering from Lawerence Technological University and holds a Masters in Business Administration from the University of Chicago Booth School of Business. Upon his appointment, Mr. Oliver will become a member of the Board's Audit and Risk and Sustainability and Safety Committee. Commenting on the appointment, David Johnson, Chairman, said: "It is my pleasure to welcome Kirk to Diversified's Board of Directors. His breadth of experience, leadership, and reputation in the energy industry will provide valuable perspectives. We look forward to Kirk's contributions as Diversified continues to progress its strategy of acquiring, operating, and optimizing cash generating energy assets that create value for shareholders." For further information, please contact: | Diversified Energy Company | / | / | / | / | | Doug Kris | / | / | / | [email protected] | / | | Senior Vice President, Investor Relations & Corporate Communications | / | / | / | 973 856 2757 | | FTI Consulting | / | / | / | [email protected] | | U.S. & UK Financial Public Relations | / | / | / | / | About Diversified Energy Company Diversified is a leading publicly traded energy company focused on acquiring, operating, and optimizing cash generating energy assets. Through its unique differentiated strategy, Diversified Energy Co. 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 its 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. Released May 21, 2026

Diversified, Carlyle strike $1.2-billion deal for Camino Anadarko assets. May 06, 2026 (WO) Diversified Energy Company and global investment firm The Carlyle Group have agreed to acquire a portfolio of Anadarko basin oil and gas assets from Camino Natural Resources in a transaction valued at approximately $1.175 billion. The acquisition expands Diversified's existing Oklahoma footprint and adds roughly 300 MMcfed (about 51,000 boed) of production, along with approximately 1,478 Bcfe of proved reserves. The assets include about 101,000 acres across the SCOOP, STACK and MERGE plays and more than 100 identified drill-ready locations. Diversified said the properties are contiguous with its existing Anadarko basin operations, creating opportunities for operating synergies and cost savings. The deal will be financed through an asset-backed securitization (ABS) structure arranged by Carlyle. Under the agreement, Carlyle and Diversified will establish a special purpose vehicle to hold the producing assets, with Carlyle retaining a majority ownership stake while Diversified will operate the assets and maintain ownership of undeveloped acreage outside the SPV. "I am excited to again partner with Carlyle and work collaboratively to structure an innovative financing to acquire high-quality assets, grow our portfolio, and realize the long-term value associated with the acquisition," said Diversified CEO Rusty Hutson Jr. The transaction is expected to close in the third quarter of 2026, subject to customary conditions.