Q1 FY27 Quarterly Report

• New group production record of 7.51 PJe, the highest quarterly production on record
• Record quarterly revenue of $83.3m, a 18% increase on Q4 FY26
• Orbost Gas Processing Plant consistently producing above nameplate capacity
• Successful Juliet exploration with a high-quality reservoir and gas composition favourable for blending
• Final Investment Decision on the East Coast Supply Project development phase

Amplitude Energy Ltd announced its Q1 FY27 Quarterly Report, highlighting a new group production record of 7.51 PJe, an increase of 10% from the previous quarter and 9% from Q1 FY26. The company reported a record quarterly revenue of $83.3 million, a 18% increase from Q4 FY26, driven by strong production performance and an increase in the average realized gas price to $10.69 per GJ. The Orbost Gas Processing Plant consistently produced above its nameplate capacity, operating at above 68 TJ/day on 95% of days and above 70 TJ/day on 75% of days during the quarter. The Juliet exploration resulted in a commercial gas discovery with a high-quality reservoir and gas composition favorable for blending. The company also announced the Final Investment Decision for the development phase of the East Coast Supply Project, targeting gross production of up to 90 TJ/day from the Athena Gas Plant starting in 2028.

FY27 capital expenditure guidance increased to $320 - 390 million from $250 - 310 million

The company expects the AJA fields to deliver gross production of up to approximately 90 TJ/day through the AGP for at least four years from first gas and to extend the life of the AGP by up to a decade.