Amplify hedges 75% of PDP volumes for 24 months under new credit facility

Amplify Energy Corp.

New credit facility entered July 31 requires hedging at least 75% of PDP volumes for first 24 months, 50% for next 12 months.
Added natural gas swaps: 662,500 MMBtu/month at $3.72 (H2 2023); 675,000 MMBtu at $3.74 (2024).
Added oil swaps: 113,167 bbls/month at $67.25 (H2 2023); 61,333 bbls at $73.55 (2024).
Also entered natural gas/oil collars (two-way and three-way) with floors/ceilings through 2026; investor presentation posted on website.

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