Pilot and AET sign binding farmin agreement

PILOT Energy has signed a binding farmin agreement with Advanced Energy Transition (AET) to drill an exploration well at the Leschenault Gas Prospect in the Perth Basin by December next year.

Pilot and AET sign binding farmin agreement Pilot and AET sign binding farmin agreement Pilot and AET sign binding farmin agreement Pilot and AET sign binding farmin agreement Pilot and AET sign binding farmin agreement

Plans to spud exploration well by December next year

The company said this morning that AET will drill the well to test the prospect and will earn a 50% interest in it by fully funding the drill costs in EP 416 or EP480.