Proudly part of Australia's energy future
News
Juliet-1 well intersects high-quality gas-bearing reservoir
Amplitude Energy Limited (AEL: ASX, “Amplitude Energy” or “the Company”) provides the following update on Juliet-1 well drilling operations. Juliet-1 is an exploration well in the Offshore Otway Basin, Victoria, located in permit VIC/L24 within Commonwealth waters, adjacent to the existing Casino, Henry, Netherby (CHN) pipeline.
Amplitude Energy is operator and 50% interest holder in VIC/L24 with O.G. Energy holding the remaining 50% interest. The Juliet-1 8 ½-inch hole section penetrated the primary Waarre C reservoir target and reached a Total Depth (TD) of 2,299 metres TVDSS1 at approximately 22:20 AEST on 7 September 2026, safely and without material incidents.
Preliminary drilling and logging data recorded elevated gas readings in the Waarre C reservoir (intersected at 2,129 metres TVDSS). These gas peaks coincide with elevated resistivity readings observed on Logging While Drilling (LWD) tools, consistent with probable hydrocarbon presence. The Waarre C sandstone exhibits a gross gas-bearing interval of at least 60 metres, which includes 49 metres of interpreted high-quality net pay in line with other Waarre C reservoirs in offset fields.
The gas water contact is currently interpreted as being below TD. Results to date are in-line with pre-drill expectations of reservoir quality and thickness. Other technical information required by ASX Listing Rule 5.30 is provided in the Appendix to this announcement. The Juliet-1 well programme is currently ahead of schedule and budget. Forward plan Wireline logging operations to collect pressure and sample data required to inform resource volume estimates and to determine initial gas composition will be conducted in coming days. Following that a decision to complete Juliet-1 will be made, followed by a clean-up of the well before it is suspended. Information from the clean-up will inform reservoir deliverability and further laboratory analysis will be undertaken to confirm gas composition. These activities are expected to be completed over approximately the next two weeks.
Proudly Australian Made
We’re excited to announce that Amplitude Energy has officially joined the Australian Made Campaign, marking a bold new chapter in celebrating our commitment to Australian communities, Australian jobs, and the Australian energy.
As an ASX-listed Australian business, this move proudly signals who we are, what we stand for, and who we serve: Australian homes and businesses. Our gas is reserved exclusively for domestic supply — providing safe, reliable, and locally sourced energy for Australians.
The Australian Made logo is one of the country’s most trusted symbols. Recognised by 99% of consumers and trusted by 92%, it’s more than a label — it’s a symbol of integrity, quality, and national pride. By aligning with the Australian Made certification, we reinforce our dedication to supporting regional jobs and local procurement, acting responsibly in the communities where we operate, and supplying Australian gas to Australians.
Importantly, our campaign complements the Federal Government’s Future Made in Australia initiative — strengthening our position as a company built by Australians, for Australians.
Company values
Think differently
We innovate by keeping it simple while raising the bar. Nothing stops us from continually learning how to do things better and we move with pace.
Deliver together
Our clarity of purpose, can-do mindset and respect for each other means that anything is possible, and we are accountable to deliver our part.
Act responsibly
We know how to act responsibly and why it is important to work safely, keep our promises and act ethically with integrity in everything we do.
Our projects
Knowledge and expertise in Australian basins and the commercialisation of gas.
Australian owned and operated
Australian listed, Australian based, majority Australian owned supplier to Australian energy markets.
Part of the community
We live, work in and support the local economies where we operate.
