Amplify Energy closed its previously announced amended revolving credit facility.
The amended senior secured reserve-based revolving credit facility, with Citizens Bank as the administrative agent, amends the company’s existing senior secured reserve-based revolving credit facility and extends the maturity to Dec. 31, 2028.
The initial borrowing base under the amended revolving credit facility is $25 million with elected commitments of $15 million. The borrowing base will be redetermined on a semi-annual basis with the next redetermination expected to occur in Q2/26. After closing the amendment on Dec. 31, 2025, Amplify had no balance drawn on the revolving credit facility and cash on hand to fund its strategic objectives.
