secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2022-06-21T23:59:59+00:00
Accession:  0001104659-22-072998
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amplify Energy completes borrowing base redetermination, reaffirmed at $225M
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- Borrowing base reaffirmed at $225 million; automatic monthly reductions terminated.
- As of May 31, 2022: net debt $187M, $215M drawn on credit facility, $28M cash.
- CEO says company positioned to improve liquidity and allocate capital to high-return projects.
- Next semi-annual redetermination expected in November 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000110465922072998/0001104659-22-072998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000110465922072998/tm2218955d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-072998

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer