Amplify Energy divests East Texas assets for $122M; total proceeds $127.5M

Amplify Energy Corp.

Sold Haynesville and Cotton Valley interests for $122M cash, closing expected by Q4 2025.
Closed separate Haynesville monetization on Oct 24 for $5.5M net proceeds.
Combined consideration of $127.5M from both transactions simplifies portfolio.
Proceeds used to pay down debt; expects material G&A reduction post-close.
CEO highlights improved balance sheet and focus on Beta and Bairoil upside.

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