A compelling east coast gas play

14 June 2022

Mahalo Acquisition from APLNG now Unconditional

21 June 2022

Mahalo North 1 Gas Production Continues to Increase

24 June 2022

GSA Negotiation Period with CleanCo Extended

29 June 2022

Settlement of Mahalo Acquisition Finalised

Development

Mahalo Gas Hub – a key Queensland gas hub with development pathway and commercialisation strategy in place

Positioning

Progressing the Mahalo Gas Hub assets to take advantage of favourable east coast gas market dynamics

Appraisal

Ongoing appraisal activities aimed at adding additional gas reserves and resources

Leadership

A clear strategy led by a highly experienced and dedicated team with a proven gas exploration & production track record

Comet Ridge Limited (ASX: COI) is a publicly-listed Australian energy company focused on the development of gas resources for the east coast Australian market.

The Company is primarily focused on its Mahalo Gas Hub assets in Queensland. The most advanced of these, the Mahalo Gas Project, has Petroleum Leases (PLs) awarded and is Comet Ridge’s flagship gas project. When in production, the project will provide the scale and infrastructure to underpin the development of Comet Ridge’s other 100% owned blocks in the Mahalo Gas Hub. These projects are low-cost, sales spec gas projects close to infrastructure connecting to domestic markets and the Gladstone LNG export market.

Our Exploration assets are undergoing permit renewal applications and upon award, offer longer-term upside amid very strong domestic and international demand for gas as a source of cleaner energy.