An announcement from Pilot Energy Limited ( (AU:PGY) ) is now available.
Pilot Energy Limited has addressed inquiries from the ASX regarding its joint feasibility study agreement with South32. The agreement, which is non-binding, involves multiple parties and work streams, with South32 contributing internal resources for technical input and infrastructure review. The study aims to explore future carbon management services, although South32 is not providing funding. Pilot Energy confirms compliance with ASX listing rules, ensuring transparency and adherence to regulatory standards.
More about Pilot Energy Limited
Pilot Energy Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is involved in various projects aimed at enhancing its market presence and contributing to the energy industry’s growth.
Average Trading Volume: 4,124,691
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.27M
For detailed information about PGY stock, go to TipRanks’ Stock Analysis page.