{"content":[{"text":"TRANSACTION OVERVIEW","bbox":{"left":0.081134,"top":0.098815,"width":0.272998,"height":0.020523}},{"text":"WA-481-P SALE","bbox":{"left":0.081134,"top":0.136618,"width":0.15023799999999998,"height":0.01894499999999999}},{"text":"As previously announced (see ASX announcement 9 November 2020), Triangle is acquiring a 78.75% \n interest in the offshore Perth Basin exploration permit WA-481-P and is appointed as operator. WA-481- \n P is located immediately adjacent to, contiguous with and surrounds the Triangle-operated offshore Cliff \n Head Oil Field. In a separate transaction, Pilot has also entered into definitive agreement to acquire Royal \n Energy Pty Ltd which holds a 50% interest in Triangle Energy Operations Pty Ltd, the operator of the Cliff \n Head Oil Field and an effective 21.25% interest in the Cliff Head Oil Field (the “Royal Energy Acquisition”).","bbox":{"left":0.081134,"top":0.174397,"width":0.8384849999999999,"height":0.10434600000000002}},{"text":"On completion of the Royal Energy Acquisition, Pilot will hold a 21.25% interest in the Cliff Head Oil \n Field. Completion of the Royal Energy Acquisition is pending approval by Pilot shareholders at the Pilot \n meeting of shareholders to be held on 28 May 2021. Refer to Figure 1 for the location of the two projects.","bbox":{"left":0.081134,"top":0.296095,"width":0.838486,"height":0.05210799999999999}},{"text":"Figure 1: WA-481-P Seismic and Prospects and Leads","bbox":{"left":0.270723,"top":0.365851,"width":0.458771,"height":0.017365999999999993}},{"text":"2","bbox":{"left":0.909193,"top":0.923567,"width":0.00996600000000003,"height":0.017365999999999993}}],"images_bbox":[{"left":0.222908,"top":0.389973,"width":0.554202,"height":0.517021}],"images_bbox_not_text_overlap":[{"left":0.222908,"top":0.389973,"width":0.554202,"height":0.517021}]}