Amplitude Energy's Well Results Point to Bigger Gas Potential off Australia

Amplitude Energy has completed its Annie-2 gas development well, confirming high-quality reservoir characteristics and indicating potential resource upside for its East Coast Supply Project (ECSP) in Australia's Otway Basin.

The well, located in permit VIC/L37, reached a total depth of 2,253 meters measured depth on October 28 and has been cased and completed with a subsea tree.

A well clean-up carried out on November 9-10 provided data indicating significant improvements in permeability, porosity and deliverability compared with the original Annie discovery, while gas composition samples were consistent with those from Annie-1.

The well is now being suspended in preparation for future development under the ECSP.

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