Key completes Perth Basin interest sale to Pilot

PERTH Basin-focussed Key Petroleum has completed the sale of its 40% interest in WA-481-P to Pilot Energy, marking the next stage of its farm-in process with Triangle Energy.

Key completes Perth Basin interest sale to Pilot Key completes Perth Basin interest sale to Pilot Key completes Perth Basin interest sale to Pilot Key completes Perth Basin interest sale to Pilot Key completes Perth Basin interest sale to Pilot

Key is to receive a total of 21 million ordinary fully paid shares in Pilot as part of the deal, with the first tranche of four million shares issued back in October, and the remaining 16 million