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How Pilot Energy’s $5.9M Financing Eases Cliff Head Decommissioning Burden
9:25am on Friday 17th of October, 2025 AEDT
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Energy
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How Pilot Energy’s $5.9M Financing Eases Cliff Head Decommissioning Burden
9:25am on Friday 17th of October, 2025 AEDT
Key Points
Secured $5.9 million PRRT refund debt facility from Finport Finance
Facility covers 40% of abandonment, decommissioning, and rehabilitation expenditures
Multi-year term through August 2027 aligned with PRRT refund cycles
Facility reduces Pilot’s upfront capital burden and supports efficient decommissioning
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