Pilot Energy (ASX:PGY) has completed a technical review of WA-481-P, a 8,605km2 permit located in shallow waters offshore Western Australia.

The review identified an extension of the onshore Perth Basin Kingia and High Cliff Sandstone gas play fairway, including several large structures.

The Leander Complex gas prospect has potential to provide Pilot with 450 Bcf of Prospective Gas Resource, enough to self-support 10 years of blue ammonia production at Pilot’s Mid West Clean Energy Project, and two additional gas prospects.

Pilot Energy says it's currently preparing to conduct up to a 550km 3D seismic survey in Q1 2024 and has advanced its farm-out process to secure partner(s).