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Echelon Plans Four New Wells Amid Long-Term Gas Deals and Debt Cuts

2:24pm on Friday 30th of January, 2026 AEDT Energy
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Echelon Plans Four New Wells Amid Long-Term Gas Deals and Debt Cuts

2:24pm on Friday 30th of January, 2026 AEDT
Key Points
  • 1.8% production decline to 407,252 barrels of oil equivalent
  • New long-term gas sales agreements through 2034 covering 22.5 PJ
  • Four new development wells planned in Amadeus Basin starting mid-2026
  • Debt reduced by A$7 million, loan facility balance now A$35.5 million
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