Southern California Oil Spill
October 04 2021 - 1:01AM
Amplify Energy Corp. (NYSE: AMPY) (“Amplify”, “Amplify Energy” or
the “Company”) announced today that on Saturday, October 2, 2021,
Beta Offshore (a subsidiary of Amplify Energy) first observed and
notified the US Coast Guard of an oil sheen approximately four (4)
miles off the coast in Southern California and initiated its Oil
Spill Prevention and Response Plan.
The Company has sent a remotely operated vehicle (ROV) to
investigate and attempt to confirm source of the release.
As a precautionary measure, all of the Company’s production and
pipeline operations at the Beta Field have been shut down.
Amplify Energy is a fully engaged member of and working
cooperatively with the unified command, consisting of the Coast
Guard, California Department of Fish and Wildlife’s Office of Spill
Prevention and Response (CDFW-OSPR).
Media inquiries can be directed
to newportbeachoilspill2021@gmail.com.
About Amplify Energy
Amplify Energy Corp. is an independent oil and
natural gas company engaged in the acquisition, development,
exploitation and production of oil and natural gas properties.
Amplify’s operations are focused in Oklahoma, the Rockies, federal
waters offshore Southern California, East Texas / North Louisiana,
and the Eagle Ford. For more information, visit
www.amplifyenergy.com.
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements, other than statements of
historical facts, included in this press release that address
activities, events or developments that Amplify expects, believes
or anticipates will or may occur in the future are forward-looking
statements. Terminology such as “will,” “would,” “should,” “could,”
“expect,” “anticipate,” “plan,” “project,” “intend,” “estimate,”
“believe,” “target,” “continue,” “potential,” the negative of such
terms or other comparable terminology are intended to identify
forward-looking statements. Amplify believes that these statements
are based on reasonable assumptions, but such assumptions may prove
to be inaccurate. Such statements are also subject to a number of
risks and uncertainties, most of which are difficult to predict and
many of which are beyond the control of Amplify, which may cause
Amplify’s actual results to differ materially from those implied or
expressed by the forward-looking statements. Please read the
Company’s filings with the Securities and Exchange Commission,
including “Risk Factors” in its Annual Report on Form 10-K, and if
applicable, its Quarterly Reports on Form 10-Q and Current Reports
on Form 8-K, and other public filings and press releases for a
discussion of risks and uncertainties that could cause actual
results to differ from those in such forward-looking statements.
All forward-looking statements speak only as of the date of this
press release. All forward-looking statements in this press release
are qualified in their entirety by these cautionary statements.
Amplify undertakes no obligation and does not intend to update or
revise any forward-looking statements, whether as a result of new
information, future results or otherwise.
Contacts
Jason McGlynn – Chief Financial Officer(832)
219-9055jason.mcglynn@amplifyenergy.com
Amplify Energy (NYSE:AMPY)
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