Mahalo Far East Project

Mahalo Far East and Mahalo Far East Extension 

ATP 2063 and ATP 2072

Overview:

  • Comet Ridge 100% equity interest and operator.
  • Total project area is 404km(ATP 2063,  438km2  and ATP 2072, 66km2 )
  • ATP 2063 awarded in May 2021. New block ATP 2072 awarded in July 2024

Subsurface analysis:

  • The southern portion of ATP 2063 and ATP2072 are within the Mahalo Gas Hub high-quality fairway and is expected to be a source of future production wells for the Mahalo Gas Hub.
  • Comet Ridge has also identified a large CSG opportunity on the eastern flank of the permit, known as the Blackdown play, which is deeper than the high-quality CSG fairway within the main Mahalo Gas Hub area. The Blackdown play has elevated coal maturity and higher gas content which is likely to require longer lateral wells for commerciality but could ultimately produce excellent gas volumes.
  • 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.

Comet Ridge

ABN 47 106 092 577

Level 12, 410 Queen Street
Brisbane QLD 4000

GPO Box 798
Brisbane, QLD 4001

+61 7 3221 3661