Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Capital Markets

Amplify Energy's Borrowing Base Reaffirmed at $225MM

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Thursday,June 23,2022

Amplify Energy Corp. has completed its regularly scheduled semi-annual borrowing base redetermination and entered into an amendment to its credit agreement.

The redetermination affirmed the borrowing base at $225 million.

The next regularly scheduled borrowing base redetermination is expected to occur in November 2022.

As of May 31, 2022, Amplify had total net debt of $187 million, with $215 million outstanding under its credit facility and $28 million of cash on hand.

Related Categories :

Redetermination/Borrowing base   

More    Redetermination/Borrowing base News

Ark-La-Tex News >>>

Gulf Coast News >>>