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Amplitude Energy Announces CFO Transition Amid Growth Strategy

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Amplitude Energy ( (AU:AEL) ) has provided an announcement.

Amplitude Energy Limited announced the resignation of its Chief Financial Officer, Dan Young, who will be succeeded by Eddy Glavas as Acting CFO. This executive change comes as the company continues to focus on its growth strategy, including the East Coast Supply Project, building on the improved operational and financial performance achieved under Mr. Young’s tenure.

More about Amplitude Energy

Amplitude Energy Limited is an Australian gas production company focused on supplying the Southeast domestic gas market. It owns and operates offshore gas fields in Commonwealth waters and onshore processing plants in the Otway and Gippsland Basins, and is involved in non-operated oil production in the Cooper Basin. The company has long-term customer gas supply contracts and maintains exposure to the tight Australian East Coast spot gas markets. Additionally, Amplitude Energy holds a portfolio of exploration and development prospects, including the Annie and Manta gas fields, near its existing infrastructure.

Average Trading Volume: 2,835,890

Technical Sentiment Signal: Sell

Current Market Cap: A$490.5M

Find detailed analytics on AEL stock on TipRanks’ Stock Analysis page.

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