Amplitude Energy Updates Gas and Oil Reserves and Contingent Resources
Key points
- 2P Reserves increased by 0.1 MMboe to 26.7 MMboe
- Contingent Resources increased by 2.5 MMboe to 50.8 MMboe
- Sole-5 infill development opportunity added 3.1 MMboe
- Patricia Baleen restart project added 0.4 MMboe
- Permit relinquishment led to a 1.0 MMboe reduction
Full summary
Amplitude Energy Limited (ASX:AEL) has updated its gas and oil Reserves and Contingent Resources as of 30 June 2026. The 2P Reserves have increased by 0.1 MMboe to 26.7 MMboe, primarily due to successful drilling in the onshore Cooper Basin and a net downward revision in the offshore Gippsland Basin. Contingent Resources have increased by 2.5 MMboe to 50.8 MMboe, driven by the Sole-5 infill development opportunity and the Patricia Baleen restart project, partially offset by the relinquishment of permits in the Otway Basin.
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