Amplify Energy Corp
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | Amplify Energy Corp. | |
|---|---|---|
| | (Registrant) | |
| | | |
| Date: March 6, 2024 | By: | /s/ James Frew |
| | Name: | James Frew |
| | Title: | Senior Vice President and Chief Financial Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in their capacities and on the dates indicated.
| Name | Title (Position with Amplify Energy Corp.) | Date | |||
|---|---|---|---|---|---|
| | | | | | |
| /s/ Martyn Willsher | | President and Chief Executive Officer | | March 6, 2024 | |
| Martyn Willsher | | (Principal Executive Officer) | | | |
| | | | | | |
| /s/ James Frew | | Senior Vice President and Chief Financial Officer | | March 6, 2024 | |
| James Frew | | (Principal Financial Officer) | | | |
| | | | | | |
| /s/ Eric Dulany | | Vice President and Chief Accounting Officer | | March 6, 2024 | |
| Eric Dulany | | (Principal Accounting Officer) | | | |
| | | | | | |
| /s/ Christopher W. Hamm | | Chairman and Director | | March 6, 2024 | |
| Christopher W. Hamm | | | | | |
| | | | | | |
| /s/ Deborah Adams | | Director | | March 6, 2024 | |
| Deborah Adams | | | | | |
| | | | | | |
| /s/ James E. Craddock | | Director | | March 6, 2024 | |
| James E. Craddock | | | | | |
| | | | | | |
| /s/ Patrice Douglas | | Director | | March 6, 2024 | |
| Patrice Douglas | | | | | |
| | | | | | |
| /s/ Randal T. Klein | | Director | | March 6, 2024 | |
| Randal T. Klein | | | | | |
| | | | | | |
| /s/ Vidisha Prasad | | Director | | March 6, 2024 | |
| Vidisha Prasad | | | | | |
| | | | | | |
| /s/ Todd R. Snyder | | Director | | March 6, 2024 | |
| Todd R. Snyder | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
**ITEM 8.**FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
AMPLIFY ENERGY CORP.
INDEX TO FINANCIAL STATEMENTS
| | |
|---|---|
| | Page No. |
| Report of Independent Registered Public Accounting Firm (PCAOB ID 34) | F-2 |
| Consolidated Balance Sheets as of December 31, 2023 and December 31, 2022 | F-4 |
| Consolidated Statements of Operations for the years ended December 31, 2023 and 2022 | F-5 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2023 and 2022 | F-6 |
| Consolidated Statements of Equity for the years ended December 31, 2023 and 2022 | F-7 |
| Notes to Consolidated Financial Statements | F-8 |
| Note 1 – Organization and Basis of Presentation | F-8 |
| Note 2 – Summary of Significant Accounting Policies | F-8 |
| Note 3 – Revenues | F-13 |
| Note 4 – Fair Value Measurements of Financial Instruments | F-14 |
| Note 5 – Risk Management and Derivative Instruments | F-16 |
| Note 6 – Asset Retirement Obligations | F-18 |
| Note 7 – Restricted Investments | F-18 |
| Note 8 – Debt | F-19 |
| Note 9 – Equity (Deficit) | F-20 |
| Note 10 – Earnings per Share | F-21 |
| Note 11 – Equity-based Awards | F-21 |
| Note 12 – Leases | F-23 |
| Note 13 – Supplemental Disclosures to the Consolidated Balance Sheet and Condensed Statement of Cash Flows | F-25 |
| Note 14 – Related Party Transactions | F-26 |
| Note 15 – Beta Pipeline Incident | F-26 |
| Note 16 – Commitments and Contingencies | F-29 |
| Note 17 – Income Tax | F-30 |
| Note 18 – Supplemental Oil and Gas Information (Unaudited) | F-33 |
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