Amplitude Energy LimitedASX: AEL

Isabella gas discovery assessed as not commercial

· Issued by Amplitude Energy Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Amplitude Energy Limited reports that the Isabella gas discovery has been assessed as not commercial, leading to plans for the well to be plugged and abandoned. The company confirms that its East Coast Supply Project plans remain unchanged, with the next well expected to be drilled in the second half of the year. Despite the disappointing results at Isabella, the managing director expressed confidence in other exploration prospects in the Otway Basin.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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