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Item 7.01.
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Regulation FD Disclosure.
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On August 9, 2016, the Company issued a press release announcing, among
other things, its updated 2017 guidance. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
On
August 9, 2017, the Company posted to its website a supplemental presentation entitled “Supplemental Presentation — 2017 Guidance.” The supplemental presentation may be accessed by going to the Company’s Investor Relations
website at http://investor.amplifyenergy.com/ and selecting Events and Presentations.
On August 9, 2017, the Company posted to its website an update
to its hedging overview presentation entitled “Supplemental Presentation — Commodity Hedging Overview.” The updated hedging presentation includes hedging transactions with respect to the years 2017 through 2019, and may be accessed by
going to the Company’s Investor Relations website at http://investor.amplifyenergy.com/ and selecting Events and Presentations.
The information
contained in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of
the Company’s filings under the Securities Act or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific
reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on
Form 8-K, including
the exhibit hereto, include “forward-looking
statements.” All statements, other than statements of historical facts, included in this Current Report on
Form 8-K that
address activities, events or developments that the Company 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. These statements include, but are not limited to, statements about financial restructuring or strategic alternatives and the Company’s expectations of plans, goals, strategies (including measures to implement strategies), objectives
and anticipated results with respect thereto. These statements are based on certain assumptions made by the Company based on its experience and perception of historical trends, current conditions, expected future developments and other factors it
believes are appropriate in the circumstances, but such assumptions may prove to be inaccurate. Such statements are also subject to a number of risks and uncertainties, many of which are beyond the control of the Company, which may cause the
Company’s actual results to differ materially from those implied or expressed by the forward-looking statements. These include risks and uncertainties relating to, among other things: the ability to improve the Company’s financial results
and profitability following its emergence from bankruptcy; the Company’s efforts to reduce leverage; the Company’s level of indebtedness, including its ability to satisfy its debt obligations; the Company’s ability to generate
sufficient cash flow to make payments on its obligations and to execute its business plan; the Company’s ability to maintain relationships with suppliers, customers, employees and other third parties following its emergence from bankruptcy;
continued low or further declining commodity prices and demand for oil, natural gas and natural gas liquids; the Company’s ability to access funds on acceptable terms, if at all, because of the terms and conditions governing the Company’s
indebtedness or otherwise; and changes in commodity prices and hedge positions and the risk that the Company’s hedging strategy may be ineffective or may reduce its income. Please read the Company’s filings with the SEC, including
“Risk Factors” in the Company’s Annual Report on
Form 10-K, and
if applicable, the Company’s Quarterly Reports on
Form 10-Q and
Current Reports on
Form 8-K, which
are available on the Company’s Investor Relations website at http://investor.amplifyenergy.com/ or on the SEC’s website at http://www.sec.gov, for a discussion of risks and
uncertainties that could cause actual results to differ from those in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this Current Report on
Form 8-K. All
forward-looking statements in this Current Report on
Form 8-K are
qualified in their entirety by these cautionary statements. Except as
required by law, the Company 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.
