MARKETS

Pilot gets SPP fully underwritten for Perth Basin work

SYDNEY-based Pilot Energy has had its security purchase plan fully underwritten up to A$500,000 by Bridge Street Capital Partners which will fund a feasibility study into its MidWest Wind and Solar Project and production enhancements at the offshore Cliff Head oil field.

Pilot gets SPP fully underwritten for Perth Basin work

The security purchase plan opened on October 7 and is expected to close at the end of the day on November 20.  Pilot said Bridge Street will underwrite the SPP by subscribing for all the remaining shares...

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