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Comet Ridge has received a notice from Santos to acquire the additional 12.86% option interest in the Mahalo Gas Project, per previously announced arrangements between the parties. ....
Comet Ridge has advised that the production test at the Mahalo North pilot scheme has now moved into the gas production phase with the Mahalo North-1 well recently seeing a significant increase in gas pressure inside the casing annulus. ....
Comet Ridge has announced that drilling operations at the Mahalo North-1 vertical well in ATP 2048 have successfully concluded with very positive coal thickness and permeability measured in the coal reservoir and good quality coal samples recovered for lab analysis. ....