Pilot Energy’s refreshed board is pressing ahead with an urgent capital raising to get the junior oil and gas explorer back on track and progress its carbon storage ambitions.
Former Warrego’s chairman Greg Columbus was appointed as Pilot Energy’s non-executive chairman in March.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com