Amplitude Energy has received production licence VIC/L37, which covers the discovered Annie field. Annie was first discovered in 2019, with first gas planned for 2028. Timely approvals and regulatory certainty for oil & gas projects remain critical given the length of investment cycle required. All gas produced from Annie is expected to be supplied into the east coast domestic market for Australian consumers.
Amplitude Energy is an Australian gas production company focused on supplying the Southeast domestic gas market. The Company owns and operates offshore gas fields in Commonwealth waters and onshore processing plants in the Otway and Gippsland Basins, close to Australia’s largest gas demand centres, as well as non-operated oil production in the Cooper Basin. Amplitude Energy has a portfolio of long-term customer gas supply contracts, while retaining exposure to tight Australian East Coast spot gas markets. The Company also holds an extensive portfolio of exploration and development prospects in the Otway and Gippsland Basins, including undeveloped discovered resources such as the Annie and Manta gas fields, in close proximity to its existing infrastructure.
Source: Amplitude Energy
