Pilot Energy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO

Pilot Energy has no CEO, or we have no data on them.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bradley Lingo	Executive Chairman of the Board	4.3yrs	AU$526.38k	no data
Nick Watson	General Manager of Corporate Development	1.2yrs	AU$1.40m	no data
Violetta Gerikh	Finance Manager	less than a year	no data	no data
Cate Friedlander	Company Secretary & General Counsel	3.5yrs	no data	no data
Michael Lonergan	Head of Upstream	3.3yrs	AU$213.53k	0.79% A$ 211.9k

3.3yrs

Average Tenure

Experienced Management: PGY's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bradley Lingo	Executive Chairman of the Board	4.3yrs	AU$526.38k	no data
Bruce Gordon	Independent Non Executive Director	3.3yrs	AU$85.52k	0.46% A$ 123.5k
Daniel Chen	Independent Non-Executive Director	4yrs	AU$165.94k	0.61% A$ 163.4k

4.0yrs

Average Tenure

Experienced Board: PGY's board of directors are considered experienced (4 years average tenure).

Pilot Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Pilot Energy Limited, Annual General Meeting, Feb 06, 2024

Pilot Energy Limited, Annual General Meeting, Feb 10, 2023

High number of new and inexperienced directors

Insider recently bought AU$134k worth of stock

Pilot Energy Limited, Annual General Meeting, Aug 19, 2022

Recent updates

New minor risk - Share price stability

First half 2024 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2023)

New major risk - Financial position

Insufficient new directors

New major risk - Shareholder dilution

Pilot Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 2.424 million.

Full year 2023 earnings released: AU$0.005 loss per share (vs AU$0.005 loss in FY 2022)

Pilot Energy Limited, Annual General Meeting, Feb 06, 2024

Pilot Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2.424 million.

Pilot Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2.424 million.

New major risk - Share price stability

First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.002 loss in 1H 2022)

Pilot Energy Limited announced that it has received AUD 3 million in funding

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.014 loss in FY 2021)

Pilot Energy Limited, Annual General Meeting, Feb 10, 2023

No longer forecast to breakeven

High number of new and inexperienced directors

Pilot Energy Limited Provides Update on the MWCEP

Insider recently bought AU$134k worth of stock

Pilot Energy Limited, Annual General Meeting, Aug 19, 2022

Pilot Energy Limited announced that it expects to receive AUD 2.2 million in funding

Triangle Energy (Global) Limited and Pilot Energy Limited Provide Update on Cliff Head Joint Venture

Pilot Energy Limited Provides Mid West Clean Energy Project- Stage 1 Cliff Head CCS Update

Pilot Energy Limited Commences Mid West Clean Energy Project

High number of new and inexperienced directors

Triangle Energy (Global) Limited (ASX:TEG) signed a Sales and Purchase agreement to acquire 13.058% stake in Exploration Permit EP437 in Northern Perth Basin from Pilot Energy Limited (ASX:PGY).

Pilot Energy Limited (ASX:PGY) acquired remaining 40% stake in Murphy Australia WA-481P Oil Pty Ltd, Exploration Permit WA-481-P from Key Cooper Basin Pty Ltd.

Pilot Energy Limited Provides Update on Its Recently Completed Mid West Region Feasibility Studies

Pilot Energy Limited Provides Operational Update on WA- 481- P

Pilot Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 0.100024 million.

CEO

Leadership Team

Average Tenure

Board Members

Average Tenure