Pilot Energy has scored a key environmental approval to conduct a 3D seismic survey in the offshore Perth Basin, targeting its Kingia gas play fairway and the massive potentially 1.1 trillion cubic feet (TCF) Leander gas prospect.
Approval from the National Offshore Petroleum Safety and Environmental Management Authority will allow for a Eureka 3D seismic survey to cover a minimum 400 square kilometre area across its WA-481-P exploration licence and includes an extensive portion of the Kingia sandstone gas play and the mammoth Leander prospect.
Pilot is seeking exploration joint-venture (JV) partners as part of a farmout process for the permit area and according to management, it is in the advanced stages of shortlisting prospective farm-in partners with the resources to complete drillin