PILOT ENERGY LIMITED Leading the Clean Energy Transition
AGM Presentation
28 February 2022
PILOT ENERGY LIMITED ASX:PGY
Pilot - Leading the Clean Energy Transition
Leveraging existing oil and gas assets along with established infrastructure to develop competitive clean energy projects
Blue hydrogen
& renewable
projects
Existing oil and
gas business
Tier 1 renewable energy resources
Diversify and transition
Perth
Image credit for Oil Rig and Offshore Windfarms: Jan Arne Wold - Copyright - Equinor - Dudgeon Offshore Wind Farm 22 August 2017Bunbury
2 | AGM Presentation | 28 February 2022 |
Western
Australia
N
Pilot at a Glance
ASX Code: PGY
Capital Structure | ||
• | Issued shares | 504.4 million |
• | PGY share price (14.02.22) | ~$0.056 |
• | Market Capitalisation | ~$28 million |
Oil & Gas Reserves & Resources (Existing) | ||
• | Proved & Probable Reserves1 | - |
• | 2C Contingent Resources,1,2 | ~3,800,000 BOE |
Blue Hydrogen & Renewables Projects (Under feasibility evaluation) | ||
• | Wind/Solar Power (MW) | 1,300+ |
• | Hydrogen (kg/day) | Up to 250,000 |
• | CCS/CCUS (tonnes per annum) | Up to 1.3 million |
Share price
Volume | Close | |||||||||||||||||||||||||
0.1 | 45,000,000 | |||||||||||||||||||||||||
0.09 | 40,000,000 | |||||||||||||||||||||||||
0.08 | 35,000,000 | |||||||||||||||||||||||||
0.07 | 30,000,000 | |||||||||||||||||||||||||
0.06 | Pilot shares suspended from | |||||||||||||||||||||||||
25,000,000 | ||||||||||||||||||||||||||
0.05 | 11 Feb to 11 Aug 2021 | 20,000,000 | ||||||||||||||||||||||||
0.04 | ||||||||||||||||||||||||||
15,000,000 | ||||||||||||||||||||||||||
0.03 | ||||||||||||||||||||||||||
10,000,000 | ||||||||||||||||||||||||||
0.02 | ||||||||||||||||||||||||||
0.01 | 5,000,000 | |||||||||||||||||||||||||
0 | 4/8/21 | 5/6/21 | 6/3/21 | 9/9/21 | 0 | |||||||||||||||||||||
2/11/21 | 2/25/21 | 3/11/21 | 3/25/21 | 4/22/21 | 5/20/21 | 6/17/21 | 7/1/21 | 7/15/21 | 7/29/21 | 8/12/21 | 8/26/21 | 9/23/21 | 10/7/21 | 10/21/21 | 11/4/21 | 11/18/21 | 12/2/21 | 12/16/21 | 12/30/21 | 1/13/22 | 1/27/22 | 2/10/22 |
Renewables (feasibility)
- Mid West Renewables & Green Hydrogen
- Cliff Head Wind & Solar JV
Geraldton
Oil & Gas (operating)
- Cliff Head oil
• WA 481 -P | Perth |
- EP 416/480
Bunbury
Western
Australia
Blue Hydrogen (feasibility)
- Mid West Blue Hydrogen & Cliff Head CCS
- South West Blue Hydrogen & Harvey CCS
- Approximately 300,000boe associated with the Cliff Head project remains under review and may be reclassified as reserves subject to the finalisation of new oil offtake arrangements
- Refer to PGY ASX announcement 23 April 2021 titled "Resources Update" and refer to Independent Technical Specialist Report Pilot Energy Ltd - Australian Exploration Assets January 2021 (28 May 2021 General meeting Notice of Meeting: Independent Expert Report
3 AGM Presentation |28 February 2022
Proven, Experienced Board
Brad Lingo
Executive Chairman
30+ years international senior executive experience
Upstream/midstream energy, energy infrastructure, finance
Proven track record of creating & growing shareholder value
Tony Strasser
Managing Director
Extensive oil & gas experience including project and financial management, corporate finance and M&A 25+ years
Proven record in oil & gas with shareholder backing through multiple ventures
Daniel Chen
Non Executive Director
17+ years of international business, project management and leadership experience in large scale transport and logistics
Corporate advisor to private Australian oil & gas companies since 2018
Bruce Gordon
Non Executive Director
Corporate Finance and Corporate Audit Specialist in the Natural Resources Sector
25+ years acting for, and advising, ASX and International oil and gas companies.
Extensive public company accounting, financial reporting and corporate governance knowledge
4 AGM Presentation | 28 February 2022
The Senior Management Team
Cate Friedlander
Company Secretary & General Counsel
Experienced corporate / commercial lawyer in upstream & midstream energy - ASX and international.
Chartered Governance Professional.
Member of Governance Institute of Australia.
5 AGM Presentation | 28 February 2022
Nick Watson
Head of Renewables & Commercial
20 years energy industry experience
Corporate/strategic development and operational experience across hydrogen, energy and oil & gas
Mike Lonergan
Head of Upstream
Michael is a petroleum geophysicist with 35 years of domestic and international oil and gas experience across a wide range of E and P assets. He has held senior technical and project management roles during his career, having worked for Delhi Petroleum, Oil Company of Australia, Origin Energy, Rohol-Aufsuchungs Aktiengesellschaft, Mosaic Oil, AGL, Pangaea Resources and Denison Gas.
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Pilot Energy Limited published this content on 28 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2022 01:25:02 UTC.
