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Pilot Energy faces growing scrutiny after second default on Cliff Head

Doubts mount over capacity to pay

Rueben Hale
The Cliff Head Oil Field, off the coast of Dongara, Western Australia.

The Cliff Head Oil Field, off the coast of Dongara, Western Australia. | Credits: Triangle Energy.

Concerns have today intensified over Pilot Energy's ability to come up with the cash to to acquire the Cliff Head Oil Field following its failure to make a second scheduled payment of $832,912 plus interest...

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