Pilot Energy Ltd. Stock Analysis PGY.AX

Pilot Energy Ltd. engages in the development, exploration, and acquisition of oil and gas projects. 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. The company 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. The company 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.