Mahalo Far East Project
Mahalo Far East
ATP 2063
Overview:
- Comet Ridge 100% equity interest and operator.
- Total project area is 338km2.
- Permit awarded in May 2021.
Subsurface analysis:
- Coals are generally deeper and have notably higher natural gas content than the main Mahalo Gas Hub high productivity fairway, adding a very significant additional gas in place volume to Comet Ridge’s portfolio.
- Also contains conventional (sandstone) gas potential underneath the coals, for which Comet Ridge also holds 100% equity.
- Project funding options are being investigated to advance exploration and appraisal activities in this block given its size and multi-target plays.
![Mahalo_Far East_Map_2](https://cometridge.com.au/wp1/wp-content/uploads/2022/05/Mahalo_Far-East_Map_2.png)
![drill-rig_5](https://cometridge.com.au/wp1/wp-content/uploads/2021/12/drill-rig_5.jpg)
![drill-rods-5](https://cometridge.com.au/wp1/wp-content/uploads/2021/12/drill-rods-5.jpg)
![drilling-operations-1](https://cometridge.com.au/wp1/wp-content/uploads/2021/12/drilling-operations-1.jpg)
![drill-rig_4](https://cometridge.com.au/wp1/wp-content/uploads/2021/12/drill-rig_4.jpg)
Comet Ridge
ABN 47 106 092 577
Level 3, 410 Queen Street
Brisbane QLD 4000
GPO Box 798
Brisbane, QLD 4001