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AMPY - Amplify Energy News Story

$3.04 -0.3  -8.4%

Last Trade - 25/02/21

Sector
Energy
Size
Small Cap
Market Cap £88.4m
Enterprise Value £270.2m
Revenue £158.4m
Position in Universe 4864th / 6709

Amplify Energy Announces Appointment of Chief Executive Officer, Chief Financial Officer and Chairman of the Board

Thu 21st January, 2021 12:00pm
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HOUSTON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY)
(“Amplify” or the “Company”) announced today executive management and
Board of Director changes effective January 19, 2021.

Martyn Willsher, Amplify’s current Interim CEO and CFO, has been named
President and Chief Executive Officer of the Company and appointed to the
Board of Directors. Jason McGlynn, Amplify’s current Vice President of
Business Development, has been named Senior Vice President and Chief Financial
Officer. Additionally, Chris Hamm, Amplify’s current Lead Director, has been
appointed Chairman of the Board of Directors. Amplify’s former Chairman of
the Board of Directors, David Proman, will continue to serve as a member of
the Board of Directors.

“On behalf of the Board, I would like to congratulate Martyn on his
promotion to President and CEO of Amplify and welcome him as a member of the
Board of Directors. Martyn did a fantastic job guiding the Company through
numerous challenges during 2020 and has proven he is the right person to lead
Amplify moving forward,” said Chris Hamm, Chairman of the Board. Mr. Hamm
continued, “I would also like to thank David Proman for his almost four
years of service, commitment and leadership as Amplify’s Chairman, and I
look forward to his continuing contributions as a member of the Board.”  

Martyn Willsher, Amplify’s President and CEO, commented, “I want to thank
the members of Amplify’s Board for their vote of confidence in allowing me
this opportunity to lead the exceptional employees we have at the Company. I
am excited about the future of Amplify and the valuable opportunities provided
by our long-lived, low-decline assets.”

Mr. Willsher continued, “I would also like to congratulate Jason on his
promotion to CFO. Since joining Amplify, he has been essential in working with
our stakeholders to unlock long-term, sustainable value. Jason’s experience,
leadership and financial acumen will serve Amplify well as we continue to
strengthen our balance sheet and execute on our mission to deliver superior
results.”

About Amplify Energy

Amplify Energy Corp. is an independent oil and natural gas company engaged in
the acquisition, development, exploration and production of oil and natural
gas properties. Amplify’s operations are focused in Oklahoma, the Rockies,
offshore California, East Texas / North Louisiana and South Texas. For more
information, visit www.amplifyenergy.com.

Investor Relations Contacts

Jason McGlynn – Chief Financial Officer
(832) 219-9055
jason.mcglynn@amplifyenergy.com



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