Pilot Energy has advised that the West Australian Department of Mines & Petroleum has approved the transfer of title and operatorship to the Company pursuant to its agreement with Empire Oil & Gas to farm-in to the EP416 and EP480 exploration permits.

The working interests in EP416/480 are now as follows:

Pilot Energy 60% (Operator);
Empire Oil & Gas 40%.

Pilot Energy is presently finalising its interpretation of the aero-geophysical survey acquired over the permits by Empire during 2015, and will provide a prospectivity update in due course.

Tags: Empire Oil & Gas NL, Pilot Energy Ltd