Amplify Energy Corp (AMPY) Issues Statement on Southern California Oil Spill; Shuts Down Beta Field Pipeline and Operations

October 4, 2021 5:44 AM EDT
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Amplify Energy Corp. (NYSE: AMPY) announced today that on Saturday, October 2, 2021, Beta Offshore (a subsidiary of Amplify Energy) first observed and notified the US Coast Guard of an oil sheen approximately four (4) miles off the coast in Southern California and initiated its Oil Spill Prevention and Response Plan.

The Company has sent a remotely operated vehicle (ROV) to investigate and attempt to confirm source of the release.

As a precautionary measure, all of the Company’s production and pipeline operations at the Beta Field have been shut down.

Amplify Energy is a fully engaged member of and working cooperatively with the unified command, consisting of the Coast Guard, California Department of Fish and Wildlife’s Office of Spill Prevention and Response (CDFW-OSPR).



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