Pickering Energy Partners ('PEP') acted as a Co-Manager on the $550,000,000 upsized private placement of 8.500% senior secured second lien notes due 2030 for Diamond Offshore Drilling, Inc. (NYSE: DO) which closed on September 21, 2023.

About Pickering Energy Partners

Pickering Energy Partners is an energy-focused financial services platform. Our expertise spans decades across the entire energy landscape. We've deployed over $16 billion across all energy sub-sectors. We are, at our core, trusted energy advisors, investors, and partners alongside our clients. Headquartered in Houston, Texas, PEP delivers an experienced, opportunistic team that aims to provide guidance and long-term value for clients while having a positive impact on the companies and communities that PEP invests in.

Pickering Energy Partners LP ('PEP') is an SEC Registered Investment Advisor. Affiliated PEP Advisory LLC ('PEP BD') is a registered broker-dealer, member FINRA/SIPC.

Contact:

Josh Martin

Tel: +1.713.955.5338

Email: jmartin@pepadvisory.com

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