M&A
confidence high
sentiment positive
materiality 0.75
Amplify Energy sells Oklahoma assets for $92.5M, expects Q4 close
Amplify Energy Corp.
- Divestiture of all Oklahoma interests for $92.5M cash (subject to customary adjustments) to Revolution Resources III, LLC.
- Transaction expected to close by end of Q4 2025, representing complete exit from Oklahoma.
- Part of strategic plan to simplify portfolio and focus on Beta and Bairoil assets; previous East Texas and Eagle Ford sales.
- CEO Dan Furbee states the deals position Amplify for significant upside value at Beta and Bairoil.
- Advisors: TenOaks Energy Advisors (financial) and Kirkland & Ellis (legal).