Numbers promising for offshore search

PILOT Energy has finally crunched the final numbers for its largest permit, WA-481-P on the offshore Perth Basin, and the junior believes it could be sitting on a total prospective resource of more than 430 million barrels of oil equivalent.

Numbers promising for offshore search Numbers promising for offshore search Numbers promising for offshore search Numbers promising for offshore search Numbers promising for offshore search
 
WA-481-P surrounds Cliff Head, the only commercial oil field in the offshore Perth Basin, and has been the subject of several waves of exploration over the past 15 years with mixed success.