Market Alert: Global Markets May Rebound Amid Signs of U.S. Economic Resilience

Pilot Energy Gains Green Light for Eureka 3D Seismic Survey

Oct 21, 2025

Pilot Energy Limited (ASX: PGY) has received environmental clearance from NOPSEMA to carry out the Eureka 3D Seismic Survey in the offshore Perth Basin. Covering around 400 km², the survey will focus on the Kingia Gas Play Fairway and the 1.1 TCF Leander Gas Prospect, aiming to refine exploration targets and support future drilling. This approval marks a major milestone in Pilot Energy’s farmout efforts for the WA-481-P permit, paving the way for the next phase of the process. The company is now preparing to commence management presentations for shortlisted potential partners in the near future. The survey will also supply essential data to expand carbon storage potential within the G-12-AP Greenhouse Gas Permit. As part of its clean energy transition strategy, Pilot Energy is repurposing the Cliff Head Oil Field for Australia’s first offshore CO₂ storage project while progressing hydrogen and clean ammonia production for the APAC region — reinforcing its commitment to a sustainable energy future.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com