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An announcement from Amplitude Energy ( (AU:AEL) ) is now available.
Amplitude Energy Limited has announced an update on its gas and oil reserves and contingent resources as of June 30, 2025. The company reports 2P gas and oil reserves of 31.1 MMboe and 2C contingent resources of 48.2 MMboe. Key revisions include an increase in reserves in the offshore Gippsland Basin due to updated subsurface modeling and history matching of the Sole gas field performance, while the offshore Otway Basin saw minor upward revisions. However, there were downward revisions in the onshore Cooper Basin due to production performance and field economic limits. These updates reflect the company’s ongoing efforts to optimize resource management and strengthen its market position.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.
More about Amplitude Energy
Amplitude Energy Limited is an Australian gas production company focused on supplying the Southeast domestic gas market. The company operates offshore gas fields in Commonwealth waters and onshore processing plants in the Otway and Gippsland Basins, near Australia’s largest gas demand centers. It also has non-operated oil production in the Cooper Basin and holds a portfolio of long-term customer gas supply contracts, while maintaining exposure to the East Coast spot gas markets. Additionally, Amplitude Energy has exploration and development prospects in the Otway and Gippsland Basins, including undeveloped resources like the Annie and Manta gas fields.
Average Trading Volume: 6,241,609
Technical Sentiment Signal: Buy
Current Market Cap: A$715.9M
Find detailed analytics on AEL stock on TipRanks’ Stock Analysis page.