Amplify Energy Corp.

Welcome to Amplify Energy's fourth quarter 2021 investor conference call. Amplify's operating and financial results were released yesterday after market close on March 9, 2022 and are available on Amplify's website at www.amplifyenergy.com. During this conference call, all participants will be placed in a listen-only mode. Today's call is being recorded. A replay of the call will be accessible until Thursday, March 24th by dialing 855-859-2056 and then entering conference ID number 8984535 or by visiting Amplify's website at www.amplifyenergy.com. I would now like to turn the conference call over to Jason McGlynn, Senior Vice President and Chief Financial Officer of Amplify Energy Corp.

Good morning and welcome to the Amplify Energy Conference call to discuss operating and financial results for the fourth quarter of 2021. Joining me on the call today is Martin Wilshire, Amplify's President and Chief Executive Officer. Before we get started, we'd like to remind you that some of our remarks may contain forward-looking statements, which reflect management's current views of future events and are subject to various risks, uncertainties, expectations, and assumptions. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct and undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this earnings call. Please refer to our press release and SEC filings for a list of factors that may cause actual results to differ materially from those in the forward-looking statements made during this call. In addition, the unaudited financial information that will be highlighted here is derived from our internal financial books, records, and reports. For additional detailed disclosure, we encourage you to read our Form 10-K that was filed yesterday afternoon. Also, non-GAAP financial measures may be disclosed during this call. Reconciliations of those measures to the comparable GAAP measures may be found in our earnings release and on our website at www.amplifyenergy.com. During the call, Martin will start us off with an update of the Southern California pipeline incident. I will then review the fourth quarter results and provide updates on our hedging program and balance sheet. Martin will then follow up with our year-end 2021 approved reserves and guidance expectations for the full year 2022. Following our prepared remarks, we will have a question and answer session, and Martin will conclude this conference call with closing remarks.

Before we get into the quarterly results and our 2022 outlook, I would like to spend a few minutes providing an update regarding the Southern California release. First and foremost, I cannot stress enough my gratitude to our Unified Command partners for their collaboration and professionalism as we mobilized a robust response effort to the events in Southern California. This includes the United States Coast Guard, the California Department of Fish and Wildlife, Orange and San Diego counties, and various other federal, state, and local agencies. Additionally, we are also grateful to the numerous volunteers, wildlife rescue organizations, and the nearly 1,800 oil spill response contractors that we deployed as part of the response effort. On December 28, 2021, the United States Coast Guard announced that Unified Command had concluded cleanup operations in all counties impacted by the release event, and Unified Command was officially stood down and the response phase was officially complete on February 2 of this year. Working with federal pipeline safety regulators and world-class engineering and dive teams, we designed an approved temporary repair plan for the damaged pipelines. and have completed this phase of the work by safely and successfully removing any oil in the pipeline that remained following its shut-in on October 2, 2021. We continue to work cooperatively with the relevant regulatory agencies to safely and promptly advance our permanent repair plan for the pipeline and bring the beta field back online. Separately, last week we filed a complaint against the two shipping companies and vessels whose anchor struck and damaged the pipeline, causing the oil release in early October. We also filed claims against the Marine Exchange of Southern California, which failed to notify us of the anchor strikes when they occurred. Amplify filed complaints against these parties because their actions or inactions caused the October 2021 release event. This release event should never have happened had any of these parties notified Amplify. This entire incident could have been avoided. We remain committed to safely operating in a way that ensures the protection of the environment and the surrounding communities. communities where many of our employees live and raise their families. We continue cooperating with all federal and state agencies investigating this matter and eagerly await approval from federal regulators and permitting agencies to complete the permanent repair plan and bring the beta field back online. I will now turn the call over to Jason to provide an overview of our financial and operational results.