Amplify Energy Corp. · NYSE:AMPY
Amplify Energy — Corporate Update (May 2019)
11 slides from Amplify Energy's corporate update, May 9, 2019
Slide 1: Supplemental Presentation – Commodity Hedging Overview
Amplify Energy Corp. Supplemental Presentation – Commodity Hedging Overview | May 9, 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: April 2019 through 2021
Amplify Hedging Overview: April 2019 through 2021 • Since March 6, we’ve added the following hedges: – Gas: 1.8 Bcfe of swaps (@ $2.65) in 2020 and 3.2 Bcfe of swaps and collar (@ $2.55) in 2021 – Crude: 90 MBbls (@ $62.80) in 2019, 802 MBbls (@ $58.08) in 2020 and 360 MBbls (@ $56.54) in 2021 – all
Slide 4: Natural Gas Hedging: April 2019 through 2021
Natural Gas Hedging: April 2019 through 2021 • Amplify’s natural gas hedges cover approximately 88% of FY2019 midpoint guidance production ‒ Hedged approximately 50 MMcf/d for 2019 ‒ Hedged approximately 22 MMcf/d for 2020 ‒ Hedged approximately 12 MMcf/d for 2021 Natural Gas Hedging Summary Hedge V
Slide 5: Oil Hedging: April 2019 through 2021
Oil Hedging: April 2019 through 2021 • Amplify’s oil hedges cover approximately 82% of FY2019 midpoint guidance production ‒ Hedged approximately 6.4 MBbl/d for 2019 ‒ Hedged approximately 4.5 MBbl/d for 2020 ‒ Hedged approximately 1.8 MBbl/d for 2021 4
Slide 6: NGL Hedging: April 2019 through 2021
NGL Hedging: April 2019 through 2021 • Amplify’s NGL hedges cover approximately 76% of FY2019 midpoint guidance production ‒ Hedged approximately 2.4 MBbl/d for 2019 ‒ Hedged approximately 1.6 MBbl/d for 2020 ‒ Hedged approximately 0.7 MBbl/d for 2021 5
Slide 7: Oil Hedge Details: April 2019 through 2021
Oil Hedge Details: April 2019 through 2021 Oil Hedge Summary Year Ending December 31, 2019 2020 2021 NYMEX Oil Derivative Contracts: Swap contracts: Volume (Bbl) 1,308,000 1,476,600 675,000 Volume (Bbl/d) 4,756 4,034 1,849 Weighted-average fixed price ($/Bbl) $53.29 $56.98 $56.25 Collar contracts: V
Slide 8: Natural Gas and NGL Hedge Details: April 2019 through 2021
Natural Gas and NGL Hedge Details: April 2019 through 2021 Natural Gas / NGLs Hedge Summary Year Ending December 31, 2019 2020 2021 Natural Gas Derivative Contracts: Swap contracts: Volume (MMBtu) 13,860,000 1,800,000 2,250,000 Volume (MMBtu/d) 50,400 4,918 6,164 Weighted-average fixed price ($/MMBt
Slide 9: NGL by Component Hedge Details: April 2019 through 2021
NGL by Component Hedge Details: April 2019 through 2021 NGLs Hedge Summary by Component Year Ending December 31, 2019 2020 2021 MBV C2 Total NGL volumes hedged (Bbl) 245,700 209,700 99,300 Total NGL volumes hedged (Bbl/d) 893 573 272 Total weighted-average fixed/floor price ($/Bbl) $11.85 $11.84 $10
Slide 10: AMPY Hedge Contract Type Breakout
AMPY Hedge Contract Type Breakout Note: Reflects the hedged volumes for the upcoming period of April 2019 through December 2021 9
Slide 11: ampli
ampli lify energy \yY ws