KEYFACT Energy
Contacts
Pilot Energy Limited
Level 12, 225 George Street
Sydney, NSW 2000
Australia
Tel: +61 (0)2 8016 2819
Pilot Energy
Description
Pilot Energy Ltd (ASX: PGY) is an emerging junior oil & gas exploration company that is implementing a low-cost, counter-cyclical strategy to develop a portfolio of high quality conventional oil and gas exploration assets.
The Company’s aggressive new ventures program has rapidly resulted in acquisition of material working interests in exploration permits across four projects, located offshore and onshore Western Australia. Key to Pilot Energy’s strategy is minimisation of project entry cost and work commitments, while allowing sufficient time to add value through desktop studies prior to seeking farming partners to fund seismic and/or drilling.
Pilot Energy works closely with industry partners such as seismic contractors in order to develop creative pricing models for services that help to minimise the Company’s upfront cash investment.