Amplify Energy Corp. 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 transaction is expected to close by the end of the fourth quarter of 2025 and will result in Amplify's complete exit from its Oklahoma operations. This move follows the company's earlier divestitures of its East Texas and Eagle Ford assets, reflecting its ongoing plan to simplify its portfolio and focus on high-upside assets such as Beta and Bairoil. TenOaks Energy Advisors is serving as financial advisor, while Kirkland and Ellis is providing legal counsel for the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amplify Energy Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9569048-en) on November 05, 2025, and is solely responsible for the information contained therein.
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