Amplitude Energy have announced that the recent Isabella gas discovery, offshore Victoria, has been assessed as not commercial (Media Release 25 March 2026).
The Isabella field is located in permit VIC/L24 within Commonwealth waters, south-west of the producing Casino field. Amplitude Energy is operator and 50% interest holder in VIC/L24 with O.G. Energy holding the remaining 50% interest (the “Joint Venture”). The Isabella field was drilled as a planned sidetrack (“ST-1”) from the earlier Elanora-1 well.
As announced on 2 March 2026, the ST-1 8 ½-inch hole section penetrated the primary Waarre C reservoir target on 1 March 2026.