The failure of Cliff Head's owners, Pilot Energy and Triangle Energy, to meet payroll does not bode well for their ability to pay the $200 million decommissioning cost.
Pilot Energy and Triangle Energy - two listed minnows with no revenue - may struggle to afford to decommission the Cliff Head platform off the WA coast.
Strike Energy's Stuart Nicholls regards the WA gas market as a dangerous place to be as new cheap supply comes in as the big resource players prepare to move away from fossil fuels.
