Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
Amplify Energy Corp. completed a disposition involving Murphy Exploration & Production Company - USA for $23,000,000 aggregate cash purchase price (closed 2025-07-01).
- Action
- disposition
- Counterparty
- Murphy Exploration & Production Company - USA
- Consideration
- $23,000,000 aggregate cash purchase price
- Closing
- 2025-07-01
Exact text from the filing
On July 1, 2025, Amplify Energy Operating LLC, a Delaware limited liability company (“Seller”) and indirect wholly-owned subsidiary of Amplify Energy Corp., a Delaware corporation (the “Company”), entered into a purchase and sale agreement (the “Purchase and Sale Agreement”) with Murphy Exploration & Production Company – USA, a Delaware corporation (“Buyer”), the existing operator of the majority of Seller’s Assets, pursuant to which Seller sold to Buyer all of Seller’s Assets, which include, among other things, Seller’s right, title and interest in and to certain specified oil and gas Properties, Contracts, Equipment and Production within or related to certain designated lands in Karnes County, Texas, for an aggregate cash purchase price of $23,000,000, subject to certain post-closing adjustments as further described in the Purchase and Sale Agreement (the “Asset Sale”).
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