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In addition to lost production and increased costs, these hazards could cause serious injuries, fatalities, contamination or property damage for which we could be held responsible. The potential consequences of these hazards are particularly severe for us because a significant portion of our offshore operations are con...
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We may be unable to compete effectively with larger companies. The oil and natural gas industry is intensely competitive with respect to acquiring prospects and productive properties, marketing oil and natural gas and securing equipment and trained personnel. Our ability to acquire additional properties and to discover...
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Our oil and natural gas development and production operations are also subject to stringent and complex federal, state and local laws and regulations governing the discharge of materials into  the  environment,  worker  health  and  safety  aspects  of  our  operations,  or  otherwise  relating  to  environmental  prot...
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While Congress has from time to time considered  legislation  to reduce emissions of GHGs, there has not been significant  activity  in the form  of adopted legislation  to reduce GHG emissions at the federal level in recent years. In the absence of such federal climate legislation, almost one-half of the states have t...
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Oil and natural gas producers' operations, especially those using hydraulic fracturing, are substantially dependent on the availability of water and the disposal of waste, including produced water and drilling fluids. Restrictions on the ability to obtain water or dispose of waste may impact our operations. Water is an...
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The cost of decommissioning is uncertain. We are required to maintain reserve funds to provide for the payment of decommissioning costs associated with the Beta Properties. The estimates of decommissioning costs are inherently imprecise and subject to change due to changing cost estimates, oil and natural gas prices an...
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Our business could be negatively affected by security threats, including cybersecurity threats, destructive forms of protest and opposition by activists and other disruptions. As an oil and natural gas producer, we face various security threats, including cybersecurity threats to gain unauthorized access to sensitive i...
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ITEM 3. LEGAL PROCEEDINGS As part of our normal business activities, we may be named as defendants in litigation and legal proceedings, including those arising from regulatory and environmental matters. If we determine that a negative outcome is probable and the amount of loss is reasonably estimable, we accrue the est...
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PART II ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market Information Our Common Stock is listed on the NYSE under the trading symbol "AMPY" and has been trading since August 7, 2019. Prior to such date, Midstates' common stock was traded on the ...
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ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Management's Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the financial statements and related notes in "Item 8. Financial Statements and Supplementary Data" conta...
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Recent Developments Appointment of Chief Executive Officer and Director On January 19, 2021, the Company appointed Mr. Martyn Willsher as the Company's President and Chief Executive Officer and member of the Board. Mr. Willsher, had served as the Company's Interim Chief Executive Officer since April 3, 2020 and Senior ...
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Under NYSE rules, the Common Stock, will continue to be listed on the NYSE during the cure periodrelated to the Market Cap Deficiency,subject to the Company's compliance with other continued listing requirements. The Common Stock's trading symbol "AMPY" was assigned a ".BC" indicator by the NYSE to signify that the Com...
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Price Volatility. In the past, oil and natural gas prices have been extremely volatile, and we expect this volatility to continue. The following table shows the low and high commodity future index prices for the periods indicated: Commodity Derivative Contracts.  Our  hedging  activities  are  intended  to  support  oi...
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- · Income tax expense. We are a corporation subject to federal and certain state income taxes. We are subject to the Texas margin tax for activities in the State of Texas. Outlook Based on our current plans, our capital expenditure program for the full year 2021 is expected to be approximately $28.0 million to $39.0 m...
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As exploration and development work progresses and the reserves on these properties are proven, capitalized costs attributed to the properties are subject to depreciation and depletion. Depletion of capitalized costs is provided using the units-of-production method based on proved oil and gas reserves related to the as...
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Derivative Instruments Commodity derivative financial instruments (e.g., swaps, collars and puts) are used to reduce the impact of natural gas and oil price fluctuations. Every derivative instrument is recorded in the balance sheet as either an asset or liability measured at its fair value. Changes in the derivative's ...
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The table below summarizes certain of the results of operations and period-to-period comparisons for the periods indicated. For the year ended December 31, 2020 compared to the year ended December 31, 2019 Net losses of $464.0 million and $35.2 million was recorded for the year ended December 31, 2020 and 2019, respect...
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Taxes other than incomewas $12.9million and $18.7million for the year ended December 31, 2020and 2019, respectively. On a per Boe basis, taxes other than income were $1.27and $2.02for the year ended December 31, 2020and 2019, respectively. The change in taxes other than income on a per Boe basis was primarily due to ad...
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Adjusted EBITDA We include in this report the non-GAAP financial measure Adjusted EBITDA and provide our calculation of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net cash flow from operating activities, our most directly comparable financial measure calculated and presented in accordance with GAAP. Adj...
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We believe that Adjusted EBITDA is useful because it allows us to more effectively evaluate our operating performance and compare the results of our operations from period to period without regard to our financing methods or capital structure. Adjusted EBITDA should not be considered as an alternative to, or more meani...
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Reconciliation of Net Cash from Operating Activities to Adjusted EBITDA Liquidity and Capital Resources Overview. Our ability to finance our operations, including funding capital expenditures and acquisitions, to meet our indebtedness obligations, to refinance our indebtedness or to meet our collateral requirements wil...
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Working Capital.Working capital is the amount by which current assets exceed current liabilities. Our working capital requirements are primarily driven by changes in accounts receivable and accounts payable as well as the classification of our debt outstanding. These changes are impacted by changes in the prices of com...
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During 2020, we used $34.8million  for  additions  to  oil  and  gas  propertiesand  $1.1  million  for  additions  to  other  property  and  equipment. During  2019,  we used  $72.7  million  for additions to oil and gas properties partially offset by $19.3 million related to cash acquired from the Merger with Midstat...
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ITEM 9A. CONTROLSAND PROCEDURES Evaluation of Disclosure Controls and Procedures. As required by Rules 13a-15(b) and 15d-15(b) of the Exchange Act, we have evaluated, under the supervision and with the participation of our management, including the principal executive officer and principal financial officer of the Comp...
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PART III ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE The information required by this item is incorporated herein by reference to the Company's definitive proxy statement relating to the 2021 Annual Meeting of Stockholders of Amplify Energy Corp. (the "Proxy Statement") to be held on May 19, 2021. T...
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ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES (a)(1) Financial Statements Our Consolidated Financial Statements are included under Part II, "Item 8. Financial Statements and Supplementary Data" of the annual report. For a listing of these statements and accompanying footnotes, see"Index to Financial Statements" o...
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Exhibit Index
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* Filed or furnished as an exhibit to this annual report on Form 10-K. # Management contract or compensatory plan or arrangement. ## Pursuant to Item 601(b)(2) of Regulation S-K, the registrant agrees to furnish supplementally a copy of any omitted exhibit or schedule to the SEC upon request. ITEM 16. Form 10-K Summary...
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SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Amplify Energy Corp. (Registrant) Date: March 11, 2021 By: /s/ Jason McGlynn Name: Jason McGlynn Tit...
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Pursuant to the requirements of the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in their capacities and on the dates indicated.
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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA AMPLIFY ENERGY CORP. INDEX TO FINANCIAL STATEMENTS
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the shareholders and the Board of Directors of Amplify Energy Corp.: Opinion on the Consolidated Financial Statements We  have  audited  the  accompanying  consolidated  balance  sheet  of  Amplify  Energy  Corp.  and  subsidiaries  (the  "Company")  as  of  De...
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Critical Audit Matter Description The Company's proved oil and natural gas properties are depleted using the units of production method driven by the underlying oil and natural gas reserves. The Company's proved oil and natural gas properties and the related support equipment and facilities are evaluated for impairment...
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To the Stockholders and Board of Directors Amplify Energy Corp.: Opinion on the Consolidated Financial Statements We  have  audited  the  accompanying  consolidated  balance  sheet  of  Amplify  Energy  Corp.  and  subsidiaries  (the  Company)  as  of  December  31,  2019,  the  related  statements  of  consolidated op...
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AMPLIFY ENERGY CORP. CONSOLIDATED BALANCE SHEETS (In thousands, except outstanding shares) See Accompanying Notes to Consolidated Financial Statements.
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AMPLIFY ENERGY CORP. STATEMENTS OF CONSOLIDATED OPERATIONS (In thousands, except per share amounts)
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AMPLIFY ENERGY CORP. STATEMENTS OF CONSOLIDATED CASH FLOWS (In thousands) See Accompanying Notes to Consolidated Financial Statements.
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AMPLIFY ENERGY CORP. STATEMENTS OF CONSOLIDATED EQUITY (In thousands) See Accompanying Notes to Consolidated Financial Statements.
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Note 1. Organization and Basis of Presentation General On August 6, 2019, Midstates Petroleum Company, Inc., a Delaware corporation ("Midstates"), completed its business combination (the "Merger") with Amplify Energy Corp. ("Legacy Amplify"), in accordance with the terms of that certain Agreement and Plan of Merger, da...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Despite the gradual recoveryin commodity  prices  in the second half  of 2020, the expectation  of a successful  phased rollout  of a vaccine  in 2021, and the successful  realization  and execution of our liquidity enhancing initiatives and disciplined he...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following individual customers each accounted for 10% or more of total reported revenues for the period indicated: Oil and Natural Gas Properties Oil and natural gas exploration, development and production activities are accounted for in accordance wit...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Restricted Investments Various restricted investment accounts fund certain long-term contractual and regulatory asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Southern California oil and gas properties....
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Derivative Instruments Commodity derivative financial instruments (e.g., swaps, collars and puts) are used to reduce the impact of natural gas and oil price fluctuations. Every derivative instrument is recorded on the balance sheet as either an asset or li...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The Company applied the revised lease rules for our interim and annual reporting periods starting January 1, 2019 using the modified retrospective approach with a cumulative impact to retained earnings in that period, and including several optional practic...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Reference Rate Reform. In March 2020, the FASB issued an accounting standard update which provides optional expedients and expectations for applying GAAP to contracts, hedging relationships,  and  other  transactions  to  ease  financial  reporting  burden...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 4. Acquisitions and Divestitures The third party acquisitions discussed below were accounted for under the acquisition method of accounting. Accordingly, we conducted assessments of net assets acquired and recognized amounts for identifiable assets ac...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (a) Based on 20,415,005 Midstates common shares issued at closing at $4.12 per share (closing price as of August 6, 2019). We included in our Consolidated Statements of Operations revenue of $31.8 million, direct operating expenses of $34.0 million, and ot...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 5. Fair Value Measurements of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at a specified measurement date. Fair ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS See Note 6 for additional information regarding our derivative instruments. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis Certain assets and liabilities are reported at fair value on a nonrecurring basis as reflected on the balance ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 6. Risk Management and Derivative Instruments Derivative  instruments  are  utilized  to  manage  exposure  to  commodity  price  fluctuations  and  achieve  a  more  predictable  cash  flow  in  connection  with  natural  gas  and  oil  sales  from p...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS At December 31, 2020, the Company had the following open commodity positions: Interest Rate Swaps Periodically, we enter into interest rate swaps to mitigate exposure to market rate fluctuations by converting variable interest rates such as those in our cr...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Gains) Losses on Derivatives We do not designate derivative instruments as hedging instruments for accounting and financial reporting purposes. Accordingly, all gains and losses, including changes in the derivative instruments'  fair  values,  have  been ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 8. Restricted Investments Various restricted investment accounts fund certain long-term contractual and regulatory asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Southern California oil and gas pro...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - · certain financial covenants, including the maintenance of (i) as of the date of determination, a maximum total debt to EBITDAX ratio of 4.00 to 1.00, and (ii) a current ratio of not less than 1.00 to 1.00; and - · certain events of default, including, ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Joinder Agreement In  connection  with  the  Merger,  on  August  6,  2019,  Amplify  Energy  Operating  LLC  and  Amplify  Acquisitionco  LLC  entered  into  a  Borrowing  Base  Redetermination,  Commitment Increase and Joinder Agreement to Credit Agreeme...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Paycheck Protection Program On April 24, 2020, the Company received a $5.5 million loan under the Paycheck Protection Program (the "PPP Loan"). The Paycheck Protection Program was established as part of the Coronavirus Aid, Relief, and Economic Security Ac...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Warrants In connection with the Merger, Legacy Amplify entered into a warrant agreement (the "Warrant Agreement") with American Stock Transfer & Trust Company, LLC, as warrant agent ("AST"), pursuant to which Legacy Amplify issued warrants to purchase up t...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 11. Earnings per Share The following sets forth the calculation of earnings (loss) per share, or EPS, for the periods indicated (in thousands, except per share amounts): (1) Amount represents warrants to purchase common stock that are excluded from th...
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Restricted Stock Units Restricted Stock Units with Service Vesting Condition Restricted stock units with service vesting conditions ("TSUs") are accounted for as equity-classified awards. The grant-date fair value is recognized as compensation cost on a straightline  basis  over  the  requisite  service  period  and  f...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The assumptions used to estimate the fair value of the PSUs are as follows:
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following table summarizes information regarding the PSUs granted under the Legacy Amplify MIP for the period presented: (1) Determined by dividing the aggregate grant date fair value of awards by the number of awards issued. (2) The aggregate grant da...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following table summarizes information regarding the Board RSUs granted under the Director Compensation Plan for the period presented: (1) Determined by dividing the aggregate grant date fair value of awards by the number of awards issued. (2) The aggr...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Compensation Expense The following table summarizes the amount of recognized compensation expense associated with these awards that are reflected in the accompanying statements of operations for the periods presented (in thousands): Note 13. Leases The Com...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following table reflects the Company's maturity analysis of the minimum lease payment obligations under non-cancelable operating leases with a remaining term in excess of one year (in thousands): The weighted average remaining lease terms and discount ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Supplemental Cash Flows Supplemental cash flow for the periods presented (in thousands): Note 15. Related Party Transactions Related Party Agreements There have been no transactions between us and a related person in which the related person had a direct o...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Environmental costs for remediation are accrued based on estimates of known remediation requirements. Such accruals are based on management's best estimate of the ultimate cost to remediate  a  site  and  are  adjusted  as  further  information  and  circu...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Purchase Commitments At December 31, 2020, we had a CO2 purchase commitment with a third party associated with our Wyoming Bairoil properties. The price we will pay for CO2generally varies depending on the amount of CO2delivered and the price of oil. The t...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The actual income tax benefit (expense) differs from the expected amount computed by applying the federal statutory corporate tax rate of 21% in 2020 and in 2019 as follows: The Company's deferred tax position reflects the net tax effects of the temporary ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Tax Audits and Settlements. Notification was received from the Internal Revenue Service (IRS) during the year that the examination of our 2017 federal income tax return was complete with no change to reported tax. Our income tax years 2018through2020remain...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Proved reserves are those quantities of oil and natural gas that by analysis of geoscience and engineering data can be estimated with reasonable certainty to be economically producible — from a given date forward, from known reservoirs, and under existing ...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Noteworthy amounts included in the categories of proved reserve changes in the above tables include: - · The 49.2 MMBoe reduction in reserves for the year ended December 31, 2020 is primarily due to a 50.1 MMBoe downward pricing revision offset by 10.7 MMB...
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AMPLIFY ENERGY CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves The following is a summary of the changes in the standardized measure of discounted future net cash flows for the proved oil and natural gas reserves during eac...
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Amplify Energy Corp. 500 Dallas Street, Suite 1700 Houston, TX 77002 (713) 490-8900 EMPLOYMENT AGREEMENT This  Employment  Agreement  ("Agreement")  is  entered  into  by  and  betweenAMPLIFY ENERGY  CORP.,  a  Delaware  corporation  (the " Company"),  and JASON  MCGLYNN(the " Employee"), effective as of January 19, 20...
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1.2 Duties . During the Employment Term, the Employee will devote substantially allof the Employee's full working time to the business and affairs of the Company, will use the Employee's best efforts to promote the Company's interests and will perform the Employee's duties and responsibilities faithfully, diligently an...
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1.3 Place of Employment. The Employee will perform the Employee's duties under this Agreement at the Company's offices in Houston, Texas. The Employee understands and agrees that Employee will be required to travel from time to time for purposes of the Company's business. 2. Term of Employment . The term of the Employe...
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sole discretion, whose decision will be based upon performance and award guidelinesfor executiveofficers of the Company established periodically by the Board in its sole discretion. 4. Expenses and Other Benefits . 4.1 Reimbursement of Business Expenses. The Employee will be entitled to receive prompt reimbursement for...
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5.2 Termination by the Company . (a) Terminable at Will. The Company may terminate the Employee's employment under this Agreement at any time with or without Cause (as defined below). (b) Definition of Cause. For  purposes  of  this  Agreement,  "Cause"  means  any of  the  Employee's:  (1) conviction of a felony, or p...
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Otherwise, any claim of such circumstances constituting “Good Reason” shall be deemedirrevocably waived by the Employee. (c) Definition of Good Reason. For purposes of this Agreement, " Good Reason"  will  mean  any  of  the following to which the Employee will not consent in writing: (i) a relocation of the Employee's...
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- 6. Compensation of the Employee Upon Termination . Subject to the provisions of Section6.9, the Employee shall be entitled to receive the amount specified upon the termination events designated below: - 6.1 Death. If the Employee's employment under this Agreement is terminated by reason of the Employee's death, the C...
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and vested under any employee benefit plans or programs of the Company and any payments orbenefits required to be made or provided under applicable law. 6.3 By the Company for Cause or by the Employee Without Good Reason . (a) Termination by Company For Cause. If the Employee's employment is terminated by the Company f...
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(e) (i) if the Employee's termination occurs on or prior to February 3, 2021, an amount  equal  to  the Employee's monthly Base Salary rate as in effect on the day before the Termination Date (but not as an employee), and (ii) if the Employee's termination occurs after February 3, 2021, an amount equal to 200% the Empl...
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will be paid or provided until the later of (i) the date on which the Release becomes effective andnon-revocable and (ii) January 2nd of the second calendar year. (b) Limitation on Benefits. If, following a termination of employment that givesthe Employee a right to the payment of the Actual Full Year Bonus Amount, the...
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that  maximizes  the  Employee's  economic  position  and  after-tax  income;  for  the  avoidance  of doubt,  the  Employee  shall  not  have  any  discretion  in determining the manner in which the payments and benefits are reduced. (b) In the event that any benefits payable or otherwise provided under this Agreement...
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- (b) Trade Secrets . The parties specifically acknowledge that 18 U.S.C. § 1833(b) provides: "An individual shall not be held criminally or civilly liable under any Federalor State trade secret law for the disclosure of a trade secret that—(A) is made—(i) in confidence to a Federal, State, or local government official...
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performance  of  such  services  to  a  competing  business  will  result  in  irreparable  harm  to  the Company  Group,  (b)  will  have  access  to  Confidential Information which, if disclosed, would unfairly and inappropriately assist in competition against the Company Group, (c) would inevitably use or disclose s...
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Employee's duties hereunder, directly or indirectly, individually or on behalf of any other person,firm, corporation or other entity, solicit, aid or induce any employee, representative or agent of theCompany Group to leave such employment or retention or to accept employment with or render services to or with any othe...
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Company to perfect, record, enforce, protect, patent or register the Company's rights in the Inventions, all without additional compensation to the Employee from the Company. The Employee will also execute assignments to the Company (or its designee) of the Applications, and give  the  Company  and  its attorneys  all ...
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7.11 Forfeiture Provision . (a) Detrimental Activities. If the Employee engages in any activity that violates any covenant or restriction contained in thisSection 7 , in addition to any other remedy the Company may have at law or in equity, (i) the Employee will be entitled to no further payments or benefits from the C...
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8.2 Modification and Waiver . Except as otherwise provided below, no provision of thisAgreement may be modified, waived, or discharged unless such waiver, modification or dischargeis duly approved by the Board and is agreed to in writing by the Employee and such officer(s) as may be specifically authorized by the Board...
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8.7 Notices . All notices, consents, waivers, and other communications under  this Agreement  must  be  in  writing  and  will  be deemed to have been duly given when (a) delivered byhand  (with written  confirmation  of receipt),  (b) sent by facsimile  (with  written  confirmation  of receipt), provided that a copy i...
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genders; and (g) references to any agreement or other instrument or statute or regulation are referred to as amended or supplemented from time to time (and, in the case of a statute or regulation, to any successor provision). 8.12 Capacity;  No  Conflicts.  The  Employee  represents  and  warrants  to  the  Company tha...
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IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the datefirst written above. AMPLIFY ENERGY CORP. By: /s/  Martyn Willsher Name: Martyn Willsher Title:President and Chief Executive Officer EMPLOYEE /s/ Jason McGlynn Jason McGlynn Signature Page to Employment Agreement
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SUBSIDIARIES OF AMPLIFY ENERGY CORP.
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CONSENT OF INDEPENDENT PETROLEUM ENGINEERS AND GEOLOGISTS Cawley, Gillespie & Associates, Inc., hereby consents to the references to our firm, in the context in which they appear, and to the references to and the incorporation by reference of our summary report dated January 18, 2021 included in the Annual Report on Fo...
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CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in the registration statements on Form S-3 (No. 333 223677), Form S-3 (No. 333-215602), Form S-8 (No. 333-233679) and Form S-8 (No. 333214213) of Amplify Energy Corp. of our report dated March 11, 2021, relating to the...
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CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM The Board of Directors Amplify Energy Corp: We consent to the incorporation by reference in the registration statements on Form S-3 (No. 333-223677), Form S-3 (No. 333-215602), Form S-8 (No. 333-233679), and Form S-8 (No. 333214213) of Amplify Energy Corp. of our...
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CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED I, Martyn Willsher, certify that: - 1. I have reviewed this Annual Report on Form 10-K of Amplify Energy Corp. (the "registrant"); - 2. Based  on  my  knowledge,  this  report  does ...
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CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) AND RULE 15D-14(A) OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED I, Jason McGlynn, certify that: - 1. I have reviewed this Annual Report on Form 10-K of Amplify Energy Corp. (the "registrant"); - 2. Based  on  my  knowledge,  this  report  doe...
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Date: March 11, 2021 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Annual Report on Form 10-K of Amplify Energy Corp. (the "Company"), as filed with the Securities and Exchange Commission on the date hereof (the "Report"), th...
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