Amplitude Energy's Gas Discovery Positive, But Size Matters -- Market Talk

Dow Jones
03/02

2310 GMT - Amplitude Energy's discovery of natural gas with the Isabella-1 well is positive, but Euroz Hartleys questions how it measures up against other results nearby. Amplitude said the well in southeastern Australia's Otway Basin intersected a gas-bearing section of the primary Waarre-C reservoir. Analyst Declan Bonnick says it's positive that Amplitude describes the reservoir as high quality. "However, the well result appears it could be thinner than expectations, given the closest Waarre-C reservoir production well, Casino-3, intersected 24.1 meters of net gas pay (versus 8.2 meters here)," Euroz Hartleys says. Amplitude rises 5.5% to A$2.69 early today. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

March 01, 2026 18:10 ET (23:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10