Amplitude Energy Limited · ASX:AEL
Amplitude Energy — Investor Presentation (July 2026)
18 slides from Amplitude Energy's investor presentation, Jul 22, 2026
Slide 1: Amplitude Energy investor presentation
Amplitude For personal use only Energy investor presentation JULY 2026 Proudly part of the Australian Made Campaign
Slide 2: Disclaimer
Disclaimer This document contains summary information about Amplitude Energy and its activities as at the date of this document and should The estimates of petroleum reserves, prospective and contingent resources contained in this presentation are at 30 June 2025. not be considered to be comprehensi
Slide 3: Q4 & FY26 highlights
Q4 & FY26 highlights1 Record production and financial metrics 27.6 PJe $285.8m $10.35/GJ FY26 GROUP FY26 SALES REVENUE FY26 AVERAGE +3% +7% +4% For personal use only PRODUCTION NEW RECORD REALISED GAS PRICE NEW RECORD NEW RECORD 75.5 TJe/DAY OGPP at >70TJ/d ECSP on track SUCCESSFUL JULIET DRILLING I
Slide 4: Orbost production continues to increase
Orbost production continues to increase New production records set at Orbost Gas Processing Plant (OGPP) OGPP average daily production rate, TJ/day Select OGPP operational KPIs +65% Number of absorber cleans Production downtime (hours)2 For personal use only Nameplate capacity now increased to >70 T
Slide 5: Exposure to higher gas contract prices
Exposure to higher gas contract prices Amplitude Energy has a strong revenue base supported by fixed-price, CPI-indexed gas sales contracts with major utilities Gas contract stack, existing reserves only1 Contracted Price PJ/annum ($/GJ)2 30 20 Excludes any volumes from East Coast Supply Project For
Slide 6: Further growth to unlock the potential of existing assets
Further growth to unlock the potential of existing assets Maximising value by utilising Amplitude Energy’s existing installed infrastructure Otway Basin Gippsland Basin Backfilling AGP Increasing OGPP production Progressing Patricia Baleen options For personal use only Pursuing ECSP to backfill Athe
Slide 7: ECSP on track for first gas in 2028
ECSP on track for first gas in 20281 Annie + Artisan deliver strong project economics with exploration upside still to come Project economics underpinned by Annie + Artisan1 discovered resources For personal use only Upside from highly-prospective Juliet target in Jul-Aug, and potentially Nestor lat
Slide 8: Juliet is an attractive exploration prospect
Juliet is an attractive exploration prospect All geophysical elements indicate a gas-bearing reservoir with simple geometry Strong Conformable amplitude shut-off at top Waarre C reservoir A B Belfast Mudstone geophysical 2100m response Clear flat spot at 2,300m TVDSS, implying gas-water contact (GWC
Slide 9: Annie discovery provides a base resource for ECSP
Annie discovery provides a base resource for ECSP 65 PJ gross (32 PJ net to AEL) 2C discovered gas resource, 10km from existing pipeline tie-in point Annie-1 (2019) discovered a 70 metre thick, high-quality gas-bearing Waarre C reservoir For personal use only Seismic amplitudes define the extent of
Slide 10: Transformative near-term brownfield growth
Transformative near-term brownfield growth Backfilling existing infrastructure can deliver growth in equity production of around 60%+ by 20281 Current Illustrative 2028 potential ˜75 TJ/day2 120+ TJ/day3 >80% sales contracted For personal use only ~80 75 75 + Patricia Baleen restart 68 Available for
Slide 11: New gas supply in southeastern states required to meet local demand
New gas supply in southeastern states required to meet local demand Domestic gas is the cheapest and lowest emissions option to meet local demand Australian Southern States contracted gas prices, A$/GJ Australian Southern States supply and demand balance4, PJ 5 Low High JKM equivalent in recent mont
Slide 12: Increased domestic gas supply crucial to Australia's energy future
Increased domestic gas supply crucial to Australia’s energy future Global gas demand growth being driven by data centre (DC) roll-outs and coal-to-gas switching Forecast global DC power investment, US$bn1 Forecast Australian DC electricity demand, TWh3 Opportunity to address supply challenges 40 As
Slide 13: Delivering on business priorities
Delivering on business priorities Development FEED complete, targeting FID in Q1 FY27 Progress the ECSP on schedule Juliet drilling imminent, project on schedule and budget and budget Positive gas contracting outcomes For personal use only OGPP production capacity increased to >70 TJ/day Maximise as
Slide 14: Appendix A
For personal use only Appendix A Additional materials 14
Slide 15: Increasing role of gas in the electricity market
Increasing role of gas in the electricity market1 Gas is already proving its critical role in firming the national electricity grid; its role will become more important as coal retires. NEM electricity supply2 by type (average ~45% renewables in CY2025), MW Coal Gas Battery (Discharging) Hydro Wind
Slide 16: Otway & Cooper Basins
Otway & Cooper Basins Otway Basin natural decline partially offset by return of Casino-4 well in H2 FY26 Otway & Cooper Basin net production, TJe/d1 Otway Basin \ Athena Gas Plant (AGP) Excellent AGP reliability performance over FY26 For personal use only 2.3 Casino-4 well brought back into producti
Slide 17: Progressing Patricia Baleen restart in Gippsland Basin
Progressing Patricia Baleen restart in Gippsland Basin The Patricia Baleen restart project is a unique, low-cost opportunity to unlock supply flexibility for the east coast market while adding value to Amplitude Energy’s existing portfolio Gippsland Basin infrastructure overview Wholly-owned existin
Slide 18: Select Otway Basin exploration opportunities
Select Otway Basin exploration opportunities High quality, low risk prospects in amplitude-supported play Otway Basin, Top Waarre Formation Prospective Resource Summary1 Low (P90) Best (P50) Mean High (P10) AEL For personal use only Prospect Permit PG4 equity (%) Gross2 Net3 Gross2 Net3 Gross2 Net3