Amplify energy update on san pedro bay pipeline permit

Houston, oct. 01, 2022 (globe newswire) -- amplify energy corp. (“amplify” or the “company”) (nyse: ampy) today announced that it has received the nationwide permit 12 from the u.s. army corps of engineers to proceed with repair plans that were reviewed and approved by federal pipeline safety regulators earlier this year. this is the next phase of the company's repair plan and includes removing the damaged segments of the pipeline from the ocean floor. by removing the damaged segments of the pipeline, regulators, the parties in the litigation and amplify will be able to complete further analysis of the impact from the vessels dragging their anchors and striking the pipeline on january 25, 2021.
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