Pilot Energy Limited is a junior oil and gas exploration and production company. The Company’s projects include WA-31-L and WA-481-P. It holds a 21.25% interest in the Cliff Head Oil field and Cliff Head Infrastructure, and a 100% working interest in WA-481-P exploration permit, located offshore Western Australia. Its Mid West Clean Energy Project involves leveraging brownfield infrastructure (Cliff Head Project) to enable a large-scale clean energy project. The Project includes a fully integrated carbon dioxide (CO2) storage operation through the conversion of the operating Cliff Head offshore oil field which will enable the production of blue hydrogen, green hydrogen, and ammonia. The Cliff Head Oil Field is located approximately 270 kilometers (km) north of Perth and 10 km off the coastal town of Dongara in Western Australia. Its WA-481-P permit covers an area of approximately 8,605 square kilometers (km2) located in shallow waters offshore Western Australia.