PILOT ENERGY LIMITED — Call Transcript 2013

Jul 28, 2013

RAMPART CORPORATE UPDATE 25 July 2013

	Torey Marshall, Managing Director at Rampart EnergyBRRI'm here with Torey Marshall, the Managing Director ofRampart Energy. Torey the company's been through a lot ofchange this month, can you please expand on this for ourlisteners?TMWell we've been through a lot of changes for the first six monthsof this year actually, I mean we've broaden the energy focus to	Torey Marshall, Managing Director at Rampart EnergyBRRI'm here with Torey Marshall, the Managing Director ofRampart Energy. Torey the company's been through a lot ofchange this month, can you please expand on this for ourlisteners?TMWell we've been through a lot of changes for the first six monthsof this year actually, I mean we've broaden the energy focus to	Torey Marshall, Managing Director at Rampart EnergyBRRI'm here with Torey Marshall, the Managing Director ofRampart Energy. Torey the company's been through a lot ofchange this month, can you please expand on this for ourlisteners?TMWell we've been through a lot of changes for the first six monthsof this year actually, I mean we've broaden the energy focus to	Torey Marshall, Managing Director at Rampart EnergyBRRI'm here with Torey Marshall, the Managing Director ofRampart Energy. Torey the company's been through a lot ofchange this month, can you please expand on this for ourlisteners?TMWell we've been through a lot of changes for the first six monthsof this year actually, I mean we've broaden the energy focus to	Torey Marshall, Managing Director at Rampart EnergyBRRI'm here with Torey Marshall, the Managing Director ofRampart Energy. Torey the company's been through a lot ofchange this month, can you please expand on this for ourlisteners?TMWell we've been through a lot of changes for the first six monthsof this year actually, I mean we've broaden the energy focus to
	include oil and gto Australia, basi	as, we're moving our ically we're cleaning th	ncorporation from Caings up and rebootin	nadag
	ourselves.BRRRight and yourobviously quiteon this for our lTMWell Alaska wasoriginally with wknow it now. So	main focus is the nora prolific area for oiisteners?where the American ohale oil and down intit's – it's been the sou	th slope of Alaska, tl and gas, can you ouil boom really startedo conventional oil as wrce of a lot of oil and g	his istline eas
	exploration for the last 40 years in particular.BRRAnd your land holding where is that positioned amongst themajors?TMWe're in the North Slope, the North Slope is around Prudhoe Bay,Prudhoe Bay is the largest oil field in the US and it's basicallysurrounded by all of the majors including Exxon, ConocoPhillips,BP and Shell, this is the place that people go to find elephants.BRRAnd how large is your land holding in this area?TMWe're earning into 38,000 net acres, so I guess to put that intoperspective if you were talking about an Aurora oil and gas in theEagle Ford, so that's quite a popular topic, they had around about10,000 acres and got to a multi-billion market capitalisation so it'squite a material landholding if it works.BRRRight and so what is your short term plan for the company?TMWe've got a big project on, a lot of what we have to do now isconsolidating our activities, we have to book in contractors,critical ones like drilling rigs, seismic contractors and we'relooking forward to a big resource report that's due in August andthose catalysts I think are keeping us very busy behind the scenes.BRRGreat well thank you very much for your time.TMThank you.