Amplify Expands Portfolio with Juniper Capital Acquisition Details
Deal News | Mar 25, 2025 | Globenewswire
Amplify Energy Corp., an independent oil and natural gas company, has released a presentation providing further insights into its definitive agreement to acquire upstream Rocky Mountain portfolio companies from Juniper Capital. This strategic acquisition aims to bolster Amplify's diversification and financial standing, ultimately enhancing shareholder value. The company's board has stressed the importance of shareholder voting on the merger's proposals during a Special Meeting scheduled virtually for April 14, 2025. Amplify reiterates its recommendation for shareholders to vote in favor of the proposals, considering them vital for the merger's successful completion. The company expresses its commitment to transparency, encouraging shareholders to access related filings and updates via the SEC's website. Amplify's operations span notable regions like Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and the Eagle Ford, positioning it strategically in the energy sector.
Sectors
- Energy
- Mergers and Acquisitions
Geography
- United States – The companies involved, Amplify Energy and Juniper Capital, are based in the U.S., with operations spanning regions like Oklahoma and the Rockies.
Industry
- Energy – The article involves companies in the oil and natural gas sector, focusing on acquisition and production activities within this industry.
- Mergers and Acquisitions – The article discusses the acquisition of assets by Amplify Energy from Juniper Capital, a typical M&A transaction.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Amplify Energy Corp. | Bidding Company | Company | An independent oil and natural gas company focused on acquisition, development, exploitation, and production. |
Juniper Capital | Target Company | Company | A capital firm with upstream Rocky Mountain portfolio companies being acquired by Amplify Energy. |
FTI Consulting | Advisor | Company | Involved potentially as a consulting advisor for the transaction. |