PGY 0.00% 1.4¢ pilot energy limited

News: PGY Triangle Energy (Global) Says Pilot To Acquire Triangle’S Interest In Cliff Head Oilfield...

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    July 27 (Reuters) - Pilot Energy Ltd (PGY) :

    • PILOT TO ACQUIRE TRIANGLE’S INTEREST IN CLIFF HEAD OILFIELD JV
    • TRIANGLE TO RECEIVE STAGED CONSIDERATION PAYMENTS COMPRISING A$3M AND A$4.5M CASH MILESTONE PAYMENTS FROM PILOT, PLUS ROYALTIES
    • TRIANGLE RETAINS EXPOSURE TO THE CCS PROJECT THROUGH ROYALTY
 
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