middle.news

Amplitude Energy Accelerates East Coast Gas Supply with $150M Equity Raise

9:12am on Tuesday 23rd of September, 2025 AEST Energy
Read Story

Amplitude Energy Accelerates East Coast Gas Supply with $150M Equity Raise

9:12am on Tuesday 23rd of September, 2025 AEST
Key Points
  • Expansion of East Coast Supply Project with fourth well targeting Nestor prospect
  • Potential restart of Patricia Baleen gas field in Gippsland Basin
  • Fully underwritten $150 million equity raising at $0.24 per share
  • Joint venture support from O.G. Energy and use of existing infrastructure
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about AEL
OPEN ARTICLE