Amplify Energy divests East Texas assets for $127.5M

Amplify Energy (AMPY) announced a series of transactions that will result in a complete exit from its interests in East Texas, for a total anticipated combined consideration of $127.5M: Haynesville Monetization Transaction: Amplify has sold its remaining interest in certain units with rights in the Haynesville basin, located in Harrison County, Texas, generating net proceeds of $5.5M. This transaction closed on October 24, 2025. East Texas Transaction: Amplify has entered into a definitive agreement to sell its remaining Haynesville and Cotton Valley interests for a contract price of $122M, subject to customary post-closing adjustments. This transaction is expected to close by the end of the fourth quarter.Together, these transactions represent a full monetization of Amplify’s Haynesville and Cotton Valley interests. The divestiture of Amplify’s East Texas assets is an important step in the company’s previously announced strategic plan to simplify its portfolio. The proceeds from the Transactions will be used to pay down debt. With an improved balance sheet, the company intends to focus its resources on its highest upside assets. Furthermore, after closing the East Texas Transaction, Amplify expects to materially reduce G&A costs.