Amplify Energy Closes Amended Revolving Credit Facility, Extending Maturity to 2028

Amplify Energy Corp. has closed an amended revolving credit facility, extending its maturity to December 31, 2028. The initial borrowing base is $25 million with elected commitments of $15 million, which will be redetermined semi-annually. The company had no balance drawn on the facility and cash on hand to fund its objectives after the amendment.