secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Energy Corp. (AMPY)
CIK:        0001533924
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001104659-25-069695
Event type: leadership
Sentiment:  positive
Materiality: 0.80
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amplify Energy names Dan Furbee CEO; to divest East Texas & Oklahoma assets
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- Martyn Willsher steps down as CEO and director; becomes Special Advisor through Dec 31, 2025.
- Dan Furbee (former COO) appointed CEO and Board member; base salary $453,880, target bonus 90%.
- Jim Frew promoted to President and CFO; base salary $430,990, target bonus 90%.
- Engaged TenOaks to explore sale of East Texas & Oklahoma assets to reduce debt and focus on Beta/Bairoil.
- Beta C-08 well currently drilling; production expected in August 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533924/000110465925069695/0001104659-25-069695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533924/000110465925069695/tm2521460d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-069695

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