Brief: Pilot Energy Says Triangle And Co Sign Binding Term Sheet For Re-Alignment Of Interests In Wa-31-L Cliff Head Joint Venture

Pilot Energy

26/04/2022 02:33

April 26 (Reuters) - Pilot Energy:
    * TRIANGLE AND CO SIGN BINDING TERM SHEET FOR RE-ALIGNMENT
OF
INTERESTS IN WA-31-L CLIFF HEAD JOINT VENTURE
    * AGREEMENT REGARDING CARBON CAPTURE AND STORAGE DEVELOPMENT
PROJECT AT CLIFF HEAD
    * CLIFF HEAD JV ANTICIPATES MAKING APPLICATION TO NOPTA FOR
GRANT
OF GREENHOUSE GAS INJECTION LICENCE
    * APPLICATION FOR LICENCE FOR PERMANENT SEQUESTRATION OF
MINIMUM
500,000 TONNES OF CO2/ANNUM INTO CLIFF HEAD OIL FIELD RESERVOIR

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