Amplify Energy Corp. · NYSE:AMPY
Amplify Energy — Corporate Update (March 2019)
11 slides from Amplify Energy's corporate update, Mar 6, 2019
Slide 1: Supplemental Presentation – Commodity Hedging Overview
Amplify Energy Corp. Supplemental Presentation – Commodity Hedging Overview | March 6, 2019
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: 2019 through 2021
Amplify Hedging Overview: 2019 through 2021 • Amplify has added hedges across commodity types since the closing of our new RCF: ‒ Natural Gas – 11.1 Bcf (100% swaps in 2019 / 100% costless collars in 2020) ‒ Crude Oil – 1.9 MMBbls (80% swaps and 20% costless collars in 2019 / 59% swaps, 15% costless
Slide 4: Natural Gas Hedging
Natural Gas Hedging: 2019 through 2021 • Amplify’s natural gas hedges cover approximately 86% of FY2019 midpoint guidance production ‒ Hedged approximately 51 MMcf/d for 2019 ‒ Hedged approximately 17 MMcf/d for 2020 ‒ Hedged approximately 3 MMcf/d for 2021 Natural Gas Hedging Summary Hedge V 60,000
Slide 5: Oil Hedging
Oil Hedging: 2019 through 2021 • Amplify’s oil hedges cover approximately 76% of FY2019 midpoint guidance production ‒ Hedged approximately 6.1 MBbl/d for 2019 ‒ Hedged approximately 3.2 MBbl/d for 2020 ‒ Hedged approximately 0.9 MBbl/d for 2021 Crude Oil Hedging Summary Hedge 7,000 6,000 $63.85 $
Slide 6: NGL Hedging
NGL Hedging: 2019 through 2021 • Amplify’s NGL hedges cover approximately 72% of FY2019 midpoint guidance production ‒ Hedged approximately 2.4 MBbl/d for 2019 ‒ Hedged approximately 0.9 MBbl/d for 2020 ‒ Hedged approximately 0.2 MBbl/d for 2021 NGL Hedging Summary 3,000 Hedged Volumes (Bbl/d) 2,000
Slide 7: Natural Gas and NGL Hedge Details: 2019 through 2021
Natural Gas and NGL Hedge Details: 2019 through 2021 Natural Gas / NGLs Hedge Summary Year Ending December 31, 2019 2020 2021 Natural Gas Derivative Contracts: Swap contracts: Volume (MMBtu) 18,780,000 – – Volume (MMBtu/d) 51,452 – – Weighted-average fixed price $2.89 – – Collar contracts: Volume (M
Slide 8: NGL by Component Hedge Details: 2019 through 2021
NGL by Component Hedge Details: 2019 through 2021 NGLs Hedge Summary by Component Year Ending December 31, 2019 2020 2021 MBV C2 Total NGL volumes hedged (Bbl) 327,600 133,500 25,500 Total NGL volumes hedged (Bbl/d) 898 365 70 Total weighted-average fixed/floor price $11.85 $12.84 $11.82 MBV C3 Tota
Slide 9: Oil Hedge Details: 2019 through 2021
Oil Hedge Details: 2019 through 2021 Oil Hedge Summary Year Ending December 31, 2019 2020 2021 NYMEX Oil Derivative Contracts: Swap contracts: Volume (Bbl) 1,776,000 675,000 315,000 Volume (Bbl/d) 4,866 1,844 863 Weighted-average fixed price $53.06 $55.66 $55.92 Collar contracts: Volume (Bbl) 456,00
Slide 10: AMPY Hedge Contract Type Breakout
AMPY Hedge Contract Type Breakout Gas Hedges Oil Hedges 100% 100% 20% 26% 75% 75% 15% 50% 100% 100% 100% 50% 100% 80% 59% 25% 25% 0% 0% 2019 2020 2021 2019 2020 2021 Swap Collar Put Swap Collar Put NGL Hedges Total Hedges 100% 100% 7% 14% 75% 75% 55% 40% 50% 100% 100% 100% 50% 93% 25% 25% 46% 45% 0%
Slide 11: ampli
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