Pilot Energy Limited (AU:PGY) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Pilot Energy Limited is progressing with its plan to transform the Cliff Head Oil Project into a carbon storage operation, following the end of its oil production phase. The company is working on acquiring Triangle Energy’s interest, with the transaction dependent on regulatory approvals and funding arrangements. This transition aligns with Pilot’s strategy to develop clean energy projects in Australia.
For further insights into AU:PGY stock, check out TipRanks’ Stock Analysis page.