Pilot Energy Limited · ASX:PGY
Pilot Energy — Carbon Capture APAC Summit 2025
22 slides from Pilot Energy's conference presentation, Jul 18, 2025
Slide 1: ASX Announcement: Carbon Capture APAC Summit Presentation
ASX:PGY ASX Announcement 18 July 2025 Attached is a copy of the presentation being given by Mr. Bradley Lingo at the Carbon Capture APAC Summit Presentation in Melbourne today. For personal use only Enquiries For more information contact: Media or broker enquiries: Brad Lingo Jason Mack Managing Dir
Slide 2: Cliff Head Carbon Storage Project
For personal use only Cliff Head Carbon Storage Project The emergence of a low-cost carbon emissions solution Carbon Capture APAC Summit Presentation | 18 July 2025 ASX:PGY 1
Slide 3: Compliance Statements: Disclaimer
Compliance Statements 2 Disclaimer This investor presentation has been prepared by Pilot Energy Limited ABN 86 115 229 984 (Pilot or the Company). For personal use only Any material used in this presentation is only an overview and summary of certain data selected by the management of Pilot. The pre
Slide 4: Investment Highlights
Investment Highlights 3 For personal use only World-Class project, First mover advantage in WA clear strategy and derisked Carbon Storage (CCS) with development pathway global and domestic tailwinds Experienced Management Existing infrastructure to deliver objectives underpins strategy, execution an
Slide 5: Corporate Snapshot
Corporate Snapshot 4 PGY Shareholder Analysis For personal use only Corporate & Institutional 79% 9% 9% 3% Greg Columbus Brad Lingo Alex Sundich Natalie Wallace Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Retail Board & 8 Rivers 30+ years experience deliver
Slide 6: Building a clean energy business
Building a clean energy business 5 Pilot is building a clean energy business built around a strategic asset portfolio in Mid West WA focussed on three building blocks For personal use only Carbon Clean Material Storage Ammonia Natural Gas Providing low cost, Ammonia production Multi-TCF gas potentia
Slide 7: Strategic WA Asset Portfolio
Strategic WA 6 Asset Portfolio Consolidated Perth Basin footprint covering diversified For personal use only energy infrastructure-rich region ▸ Energy Infrastructure Cliff Head – Offshore/onshore pipelines, storage, terminal, power generation & transmission facilities Arrowsmith - Onshore oil & gas
Slide 8: First-Mover Advantage in WA Carbon Storage
First-Mover Advantage in WA Carbon Storage 7 Pilot Energy is focused on providing full service clean energy; unlocking intrinsic value of existing infrastructure For personal use only 03 Gas Exploration With multi-TCF gas potential 01 02 Cliff Head Carbon Storage Clean Ammonia Production Unlockingby
Slide 9: Carbon Storage
For personal use only Carbon Storage 8
Slide 10: Carbon Capture & Storage: Global and Domestic Level Tailwinds
Carbon Capture & Storage 9 Global and Domestic Level Tailwinds For personal use only Global momentum in deployment of Carbon Capture and Storage (CCS) is accelerating behind carbon neutrality targets 7Gt CO₂ A$50 - A$98 Supportive per annum2 per tonne3 Local Policy Projected global demand Carbon cre
Slide 11: Key Australian trading partners have significant emissions and limited storage capacity
Carbon Capture & Storage 10 Key Australian trading partners have significant emissions and limited storage capacity For personal use only Europe’s storage – capture gap for 2050 Asia - Pacific’s storage – capture gap for 2050 Poland Japan Potential CO₂ shipping Potential CO₂ shipping volume from Rom
Slide 12: WA Government CCUS Action Plan quote
11 For personal use only Western Australia is well placed to become a world leader in carbon capture, utilisation and storage (CCUS), leveraging our existing infrastructure, highly skilled workforce, and suitable geological formations.” Carbon capture utilisation and storage: Action Plan* WA Governm
Slide 13: Carbon Capture & Storage – Western Australia
Carbon Capture & Storage – Western Australia 12 Carbon emissions of Western Australia Strategic Location Heavy Industry4 For personal use only Cliff Head Major Industrial Carbon Storage CO2 Emitters 5+Mtpa CO2 injection capacity Emissions Share of national emissions Mid West & South West WA (Scope 1
Slide 14: Cliff Head Carbon Storage Project: World-Scale Project
Cliff Head Carbon Storage Project 13 World-Scale Project ▸ Recognised as a leading Australian Carbon Storage Project7 For personal use only ▸ 72Mt of CO2 storage in Stage 1; scalable for further expansion ▸ Annual injection capacity will place Cliff Head in global top 107 ▸ Scale and timing to deliv
Slide 15: Leading Australia's Offshore CCS
Cliff Head Carbon Storage Project 14 Leading Australia’s Offshore CCS For personal use only ▸ WA’s only offshore carbon ▸ Declaration of storage project with Stage 1 Storage Formation Commonwealth approval1 granted in 20241 Advanced Permitting ▸ Injection Licence Application ▸ Without existing infra
Slide 16: Cliff Head Carbon Storage Project: Existing Infrastructure
Cliff Head Carbon Storage Project 15 Arrowsmith Processing ▸ Repurposing over 90% of Strategically located, fit-for-purpose Plant carbon storage infrastructure For personal use only existing O&G infrastructure ▸ Replacement value of approx. US$827 million8 Cliff Head Platform ▸ Use of existing infra
Slide 17: Commencing FEED in Q3 CY2025
Cliff Head Carbon Storage Project 16 Commencing FEED in Q3 CY2025 Existing infrastructure to reach FID in CY2027 provides capex For personal use only ▸ First Stage total carbon storage capacity: 72Mt CO211 reduction compared ▸ First Stage Total Conversion Cost: US$451 million7 to new build8 ▸ New CA
Slide 18: The road ahead
The road ahead 17 Carbon capture is an essential enabler of affordable hydrogen during the energy transition For personal use only ASX:PGY
Slide 19: The Road Ahead
18 The Road Ahead Exploration For personal use only ▸ WA-481P Permit Regulatory Complete Cliff Partners / Complete Project Approvals Head Acquisition Customers Project FEED FID Declaration of Storage ▸ Onshore acquisition ▸ SOE partner for carbon ▸ Pre-FEED ▸ Carbon Formation completed storage compl
Slide 20: Why Invest? A Unique Value Proposition
Why Invest? 19 A Unique Value Proposition For personal use only World-Class project, First mover advantage in WA Experienced Management 01 clear strategy and derisked 02 Carbon Storage (CCS) with global 03 to deliver objectives development pathway and domestic sector tailwinds Existing infrastructur
Slide 21: Contact
For personal use only Contact Pilot Energy Limited Suite 2, Ground Floor 100 Havelock Street West Perth WA 6005 www.pilotenergy.com.au Brad Lingo Managing Director +61 (0) 408 601 080 blingo@pilotenergy.com.au 20
Slide 22: Endnotes
Endnotes 21 Note # Reference 1 Refer Pilot Energy ASX release for further information on MWCEP receives Declaration of Greenhouse Gas Storage Formation for Cliff Head CO2 Storage Project (ASX:PGY 14 June 2024) 2 EU Carbon price https://tradingeconomics.com/commodity/carbon @ EUR 71/tonne less ACCU r