Diversified Energy Company PLC CMD Update and New VP of IR (4992P)
19 Octubre 2021 - 1:00AM
UK Regulatory
TIDMDEC
RNS Number : 4992P
Diversified Energy Company PLC
19 October 2021
19 October 2021
Diversified Energy Company PLC
("Diversified" or the "Company")
Capital Markets Day Update and New Vice President of Investor
Relations
Highlights
-- Capital Markets Day on 17 November 2021 with an emphasis on
outlining the Company's ESG achievements and initiatives
-- Appointment of James Sheehan as Vice President of Investor Relations
Diversified Energy Company PLC (LSE: DEC) will hold its Capital
Markets Day event on Wednesday, 17 November 2021. The event will be
held at the Four Seasons Hotel in Houston, Texas starting at 8am
local time / 2pm GMT and will conclude around Noon local time. The
Company will present on a variety of topics including its ESG
accomplishments and commitments, growth and financial strategies,
and insights into its upstream, midstream and marketing operations.
Diversified will host participating analysts and investors on a
tour of select Central Region assets to showcase examples of its
Smarter Asset Management and ESG operating initiatives.
Diversified's Capital Markets Day will feature recent
environmental achievements and new ESG initiatives, including
safety enhancements, asset integrity and replacement, emission
reductions, production optimisation and financial stability, as
well as our industry-leading performance in retiring mature
assets.
Additional topics will include:
-- The expansion of the Company's asset retirement program which
includes the retirement of approximately 115 wells thus far in
2021.
-- Investments in upstream and midstream emissions reductions
efforts and the use of Leak Detection and Repair ("LDAR") and other
technologies to enhance performance improvement.
-- Review of our asset inspection program (averaging in excess
of 100,000 well site visits per month) that informs our continuous
review of asset operations.
-- Updates on:
GHG emissions reduction projects
Various industry-accepted emissions reporting frameworks and the
impacts of acquisitions
Commitment to engage an independent third party to verify
reported GHG emissions
-- Expansion of our Task Force for Climate-Related Financial
Disclosures ("TCFD")
-- Social investments and governance improvement
initiatives.
For analysts and institutional investors wishing to attend
Diversified's Capital Markets Day in person, including those based
outside the U.S., please contact Investor Relations at ir@dgoc.com.
For analysts and institutional investors not able to attend in
person, upon registration for the event, participants will be able
to listen to a live webcast, and - shortly following the event - a
replay of the webcast (
www.div.energy/news-events/ir-calendarevents ).
Diversified is also pleased to announce that James (Jim) Sheehan
has joined the Diversified team as Vice President of Investor
Relations. Jim brings nearly 15 years of experience as a sell-side
equity research analyst covering the chemicals sector. His deep
knowledge of the equities markets and proven ability to advise
institutional investors will be invaluable in messaging the
Company's investment thesis. Teresa Odom, who previously led
Diversified's Investor Relations and ESG efforts, now serves as
Diversified's Vice President of ESG & Sustainability, a
dedicated position that the Company created to expand its ESG
capabilities.
Rusty Hutson Jr, CEO of Diversified, commented:
"I am looking forward to offering our shareholders and the
analyst community a deep-dive into our strategy driving our rapid
growth and highlighting the important work we are undertaking to
address sustainability in all facets of our operations.
"Jim Sheehan brings with him a wealth of knowledge and a history
of professional relationships within the sell-side analyst and
investor communities which will serve Diversified well as we seek
to broaden our company story and business model to the investment
community. His knowledge of ESG and the important role it plays in
industries like ours will also be a valuable resource to Teresa and
our Operations teams as we strive to continually and transparently
share our stewardship message with all stakeholders."
Diversified Energy Company PLC +1 205 408 0909
Jim Sheehan
www.div.energy
ir@dgoc.com
Buchanan +44 20 7466 5000
Financial Public Relations
Ben Romney
Chris Judd
Jon Krinks
James Husband
dec@buchanan.uk.com
About Diversified Energy Company PLC
Diversified Energy Company PLC is an independent energy company
engaged in the production, marketing and transportation of
primarily natural gas related to its synergistic US onshore
upstream and midstream assets.
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