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The move means Amity will take the place of the dismantled United Energy in the index, which Alinta and AMP Henderson bought for $1.3 billion.
Amity has forecast a 2002-03 profit of around $8 million and hopes to have its Adatepe and Cayirdere gasfields in Turkey in production by the end of the year and will start drilling its Whicher Range-5 gas well, south of Perth, in September.
The Energy Marketing Regulatory Authority of the Republic of Turkey also granted Amity a wholesale gas license, which will enable the company to not only market its own gas, but to buy additional gas from other sources to market to 'Free Consumers' - comprising electricity generators, co-generators and any other consumers purchasing more than one million cubic metres of gas per year in Turkey.
Amity's earnings are expected to jump to between $20 and $30 million this financial year.
