Amplify Energy Corp. Announces Asset Sale to EQV Alpha LLC

Amplify Energy Corp. has entered into a Purchase and Sale Agreement with EQV Alpha LLC for the sale of certain oil and gas properties in East Texas and Louisiana. The transaction, valued at $122 million, is expected to close in December 2025. The agreement includes customary representations, warranties, and indemnification provisions. A 10% deposit of the purchase price has been placed in escrow. The sale is part of Amplify Energy's strategic efforts to optimize its asset portfolio. The company has also issued a press release announcing the transaction.