Pilot Energy Ltd
Pilot Energy Limited is a junior oil and gas exploration and production company that is pursuing the diversification and transition to the development of carbon management projects, production of hydrogen and clean ammonia for export to…
The business
Pilot Energy Limited is a junior oil and gas exploration and production company that is pursuing the diversification and transition to the development of carbon management projects, production of hydrogen and clean ammonia for export to Asia-Pacific (APAC) Clean Energy markets. Its segments include Oil and Gas Exploration & Evaluation, Carbon Storage & Ammonia, Renewable, and Corporate. Its Oil and Gas Projects include WA-31-L and WA-481-P. It holds an interest in the Cliff Head Oil field and Cliff Head Infrastructure, and a 100% working interest in the WA-481-P exploration permit, located offshore Western Australia. Its Mid West Clean Energy Project (MWCEP) is a clean ammonia export project aiming to produce up to 1 million tons per annum of clean ammonia. It is located 120-kilometers south of Geraldton on the mid west coast of Western Australia. The Cliff Head Carbon Storage (CHCS) project, which forms part of the overall MWCEP and enables the production of blue hydrogen and ammonia.
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Weekly wrap: gold shines amid growth fears
Gold shone brightly as fears of weaker than expected growth sent the share market down on Friday. Following on from a weaker lead from the US market and some higher-than-expected US consumer inflation data for September, the Australian share market meekly followed and lost ground. The ASX 200 Index fell 0.1% or 8.5 points, to […]
Pilot Energy receives $11.5m acquisition offer for Three Springs solar farm project
Oil and gas explorer Pilot Energy (ASX: PGY) has received an $11.5 million offer from clean energy solutions provider EDP Renewables APAC to acquire the Three Springs solar farm project in Western Australia. The 376-megawatt farm is being developed to support the delivery of up to 1.2 million tonnes per annum of low-carbon ammonia from […]
Pilot Energy receives crucial government nod and investor backing for CO2 storage project
Pilot Energy (ASX: PGY) has received $4 million in firm commitments to support its Mid West Clean Energy project (MWCEP) in Western Australia. Just days after the company reached a critically important milestone for the MWCEP and the Cliff Head carbon storage project north of Perth, Pilot received strong market support for its carbon capture […]
Triangle Energy completes lifting of Cliff Head crude from BP Kwinana Terminal
Perth Basin oil producer Triangle Energy (ASX: TEG) has announced it has completed the lifting of 107,000 barrels of Cliff Head crude oil from the BP Kwinana Terminal in Western Australia under its master sale and purchase agreement with BP Singapore. Triangle and its Cliff Head joint venture partner Pilot Energy (ASX: PGY) recently inked […]
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