tiprankstipranks
Comet Ridge Advances with Mahalo East Gas Project
Company Announcements

Comet Ridge Advances with Mahalo East Gas Project

Comet Ridge Ltd (AU:COI) has released an update.

Don't Miss our Black Friday Offers:

Comet Ridge Ltd has successfully completed the drilling phase of its Mahalo East gas project, with strong gas desorption observed from the Mahalo East 1 core. The project, supported by a $5 million grant from the Queensland Government, has promising gas volumes that align with expectations. This development positions Comet Ridge as a key player in the high-quality gas production fairway of the Mahalo Hub.

For further insights into AU:COI stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App