Amplify Energy completes $92.5M sale of Oklahoma oil and gas assets
Amplify Energy Corp. completed the previously announced sale of certain Oklahoma oil and gas properties and related equipment to Revolution Resources III, LLC.
Rhea-AI Filing Summary
Amplify Energy Corp. completed the previously announced sale of certain Oklahoma oil and gas properties and related equipment to Revolution Resources III, LLC. The asset sale closed on December 29, 2025, for a cash purchase price of approximately $92.5 million, subject to customary post-closing adjustments.
The company states that this disposition does not qualify as a discontinued operation, meaning the sold assets are not treated as a separate major business line for accounting purposes. Amplify also filed unaudited pro forma condensed consolidated financial statements to show how its balance sheet and results of operations would look after this Oklahoma asset sale and a previously announced sale of assets in East Texas and Louisiana.
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Insights
Amplify closes a $92.5M Oklahoma asset sale and provides pro forma financials.
Amplify Energy Corp. reports closing the sale of certain Oklahoma oil and gas properties and related equipment to Revolution Resources III, LLC for approximately $92.5 million in cash, subject to standard post-closing adjustments. The assets are carved out as specific properties and equipment within designated lands, indicating a targeted portfolio reshaping rather than a full-business divestiture.
The company notes that this disposal does not qualify as a discontinued operation, so historical results will continue to include these assets instead of being presented as a separate, exited segment. To help readers understand the combined effect of this Oklahoma sale and an earlier sale of assets in East Texas and Louisiana, Amplify is providing unaudited pro forma condensed consolidated financial statements for the balance sheet as of September 30, 2025 and statements of operations for the nine months ended September 30, 2025 and the year ended December 31, 2024.
These pro forma statements allow a view of the company’s capital structure and earnings profile after both divestitures, based solely on the transactions described. A separate press release dated December 29, 2025 also summarizes the transaction, and all related agreements and schedules are referenced as exhibits, providing detailed terms for those reviewing transaction structure and ongoing obligations.
8-K Event Classification
FAQ
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What transaction did Amplify Energy Corp. (AMPY) report in this 8-K?
How much cash did Amplify Energy receive for the Oklahoma asset sale?
When did Amplify Energy close the sale of its Oklahoma assets?
Does Amplify Energy treat the Oklahoma asset sale as a discontinued operation?
Did Amplify Energy issue a press release about the Oklahoma asset sale?
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