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Amplify Energy Corp. (NYSE:AMPY) ("Amplify," the "Company," "us," or "our") announced today it has entered into a definitive agreement to sell all of its interests in Oklahoma for a total contract price of $92.5 million, subject to customary post-closing adjustments (the "Oklahoma Transaction"). The Oklahoma Transaction is expected to close by the end of the fourth quarter of 2025 and will represent a complete exit from the Company's interests in Oklahoma.
In combination with the previously announced divestitures of our East Texas and Eagle Ford assets, the Company is making significant progress on the Company's previously announced plan of simplifying its portfolio, strengthening its balance sheet, and focusing on its highest upside assets.
Posted In: AMPY
