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Equus Energy Unveils $1.25bn Capital-Efficient Plan for Equus Gas Project

8:21am on Wednesday 19th of August, 2026 AEST Energy
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Equus Energy Unveils $1.25bn Capital-Efficient Plan for Equus Gas Project

8:21am on Wednesday 19th of August, 2026 AEST
Key Points
  • Pre-FEED validates 1.7 Tcf gas and 38 MMbbl condensate resource
  • Phase 1 capital expenditure capped at US$1.25 billion excluding leased infrastructure
  • Project NPV10 of US$867 million and IRR of 31% post-tax, unlevered
  • Targets 2 Mtpa LNG, 50 TJ/d domestic gas, and 12,000 bbl/d condensate
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