Reservoir upside ups Amplitude Energy’s East Coast gas ante

Amplitude Energy, an Australian gas production company focused on supplying the Southeast domestic gas market, has completed the drilling operations at a well off the coast of Victoria, with preliminary data revealing higher permeability and significant volume potential that bolsters the company’s East Coast gas project ahead of schedule and under budget.

The drilling operations at Amplitude Energy’s Annie-2 well reached a total depth of 2,253 meters measured depth on October 28, 2026. As the well was cased and completed with a subsea tree, a clean-up of Annie-2 was undertaken on November 9-10, 2026.

According to the company, the data collected from this well to date confirms the excellent quality of the reservoir and indicates a significant improvement in permeability, porosity, and deliverability compared to the initial discovery.

The firm highlights that gas composition samples are consistent with the original Annie discovery. The well is now being suspended, to be made ready for development as part of the East Coast Supply Project (ECSP).

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