Amplify energy announces successful borrowing base reaffirmation

Houston, nov. 18, 2020 (globe newswire) -- amplify energy corp. (nyse: ampy) (“amplify” or the “company”) announced today that it has completed the regularly scheduled semi-annual redetermination of its revolving credit facility (“rcf”) borrowing base and entered into an amendment to its credit agreement. the redetermination reaffirmed the borrowing base at $260 million. the next regularly scheduled borrowing base redetermination is expected to occur in april 2021.
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