Amplify Energy Corp. · NYSE:AMPY
Amplify Energy — Corporate Update (March 2018)
10 slides from Amplify Energy's corporate update, Mar 7, 2018
Slide 1: Amplify Energy Corp. Supplemental Presentation – Commodity Hedging Overview
Amplify Energy Corp. Supplemental Presentation – Commodity Hedging Overview | March 7, 2018
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements This presentation and the oral statements made in connection therewith contain forward-looking statements. All statements, other than statements of historical facts, included in this presentation or made in connection therewith that address activities, events o
Slide 3: Amplify Hedging Overview: 2018 and 2019
Amplify Hedging Overview: 2018 and 2019 • Amplify has hedged approximately 56% of FY2018 midpoint guidance production for the full year of 2018 and 22% for the full year 2019 • Managing hedge book on a one to two year basis to mitigate commodity price exposure • Current hedge book mark-to-market val
Slide 4: Hedged Volumes (MMBtu/d) – Natural Gas
Natural Gas Hedging 2018 and 2019 • Amplify’s existing natural gas hedges cover approximately 61% of FY2018 midpoint guidance production for 2018 ‒ Hedged approximately 57 MMcf/d @ $3.56 for 2018 ‒ Hedged approximately 10 MMcf/d @ $2.91 for 2019 Natural Gas Hedging Summary 100,000 90,000 80,000 Hedg
Slide 5: Hedged Volumes (Bbl/d) – Oil
Oil Hedging 2018 and 2019 • Amplify’s existing oil hedges cover approximately 54% of FY2018 midpoint guidance production for 2018 ‒ Hedged approximately 5.0 Mbbl/d @ $71.31 for 2018 ‒ Hedged approximately 3.6 Mbbl/d @ $51.34 for 2019 Crude Oil Hedging Summary 10,000 9,000 8,000 7,000 Hedged Volumes
Slide 6: Hedged Volumes (Bbl/d) – NGL
NGL Hedging 2018 and 2019 • Amplify’s existing NGL hedges cover approximately 45% of FY2018 midpoint guidance production for 2018 ‒ Hedged approximately 2.2 Mbbl/d @ $24.13 for 2018 ‒ Hedged approximately 1.3 Mbbl/d @ $31.81 for 2019 NGL Hedging Summary 7,000 6,000 5,000 Hedged Volumes (Bbl/d) 4,000
Slide 7: Natural Gas and NGL Hedging 2018 and 2019
Natural Gas and NGL Hedging 2018 and 2019 Natural Gas / NGLs Hedge Summary Year Ending December 31, 2018 2019 Natural Gas Derivative Contracts: Swap contracts: Volume (MMBtu) 20,924,000 3,600,000 Volume (MMBtu/d) 57,326 9,863 Weighted-average fixed price $3.56 $2.91 Total Natural Gas Derivative Cont
Slide 8: NGL by Component Hedging 2018 and 2019
NGL by Component Hedging 2018 and 2019 NGLs Hedge Summary by Component Year Ending December 31, 2018 2019 MBV C2 Total NGL volumes hedged (Bbl) 348,000 168,000 Total NGL volumes hedged (Bbl/d) 953 460 Total weighted-average fixed/floor price $12.18 $12.23 MBV C3 Total NGL volumes hedged (Bbl) 150,00
Slide 9: Oil Hedging 2018 and 2019
Oil Hedging 2018 and 2019 Oil Hedge Summary Year Ending December 31, 2018 2019 NYMEX Oil Derivative Contracts: Swap contracts: Volume (Bbl) 1,440,000 1,320,000 Volume (Bbl/d) 3,945 3,616 Weighted-average fixed price $65.69 $51.34 Brent Oil Derivative Contracts: Swap contracts: Volume (Bbl) 384,000 –
Slide 10: Amplify Energy
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