Amplitude Energy (AEL) Investor presentation summary

Record operational and financial performance

• Achieved record FY26 group production of 27.6 PJe and daily rates up to 75.5 TJe, with sales revenue reaching $285.8m and a 4% increase in average realised gas price to $10.35/GJ.

• Orbost Gas Processing Plant (OGPP) production capacity increased to over 70 TJ/day, with a recent daily record of 74.7 TJ and significant reduction in downtime.

• Over 80% of gas sales for 2026 are contracted at fixed, CPI-indexed prices, with a 20% step up in weighted average contract price from January 2026.

Strategic growth and project development

• East Coast Supply Project (ECSP) is on track for first gas in 2028, underpinned by Annie and Artisan resources, with Juliet drilling imminent and strong JV and offtake support.

• Backfilling existing infrastructure and new field developments could increase equity production by over 60% by 2028.

• Patricia Baleen restart in Gippsland Basin progressing, targeting low-cost, high-return supply of 3–10 TJ/day through OGPP.

Exploration and resource potential

• Juliet, Nestor, Heera, and Pecten East are high-quality, low-risk Otway Basin prospects, with Juliet showing strong geophysical indicators and a mean net prospective resource of 24.4 Bcf.

• Annie discovery provides a 32 PJ net 2C gas resource, to be developed by a single vertical well, with seismic data supporting high confidence in resource extent.

• Total Otway Basin prospective resources (net) estimated at 137.8 Bcf (mean), with portfolio upside from further exploration.