EP416/480 Survey, page-3

Snippets taken from the Directors report:

Meanwhile in January 2016, we expect to release the results of GCA’s assessment of the oil potential in the shallow water WA-503-P block for the three prospects identified by the Company to date. While not quite of the scale of the WA-507-P prospects, we believe that these prospects also offer the potential for oil discoveries with a value that is many times greater than Pilot Energy’s market capitalisation, even when quantified on a risked basis. Independent assessment of prospective resources for the two more recent acquisitions – EP416/480 and EP437 – will likely follow in due course, once the Company has completed its preliminary interpretation of the available seismic and well data.

Not much longer now fella's, stay patient. These micro-caps need time. 0.002 could turn out to be a bargain.

GLTAH! DYOR