Comet Ridge Ltd.
Comet Ridge Softens Terms and Extends Timelines for Mahalo Acquisition
Comet Ridge chills Mahalo deal: upfront cash cut to $18m + $10m in shares, up to $30m contingent; funding extended to Aug 14, 2026 amid policy uncertainty.
Vintage Energy and Comet Ridge awarded Galilee Basin potential commercial areas
Gas explorer Vintage Energy (ASX: VEN) and Comet Ridge (ASX: COI) have announced that their Galilee Basin joint venture has been awarded six Potential Commercial Areas (PCAs) in central Queensland. Two exploration permits, known as Authorities to Prospect (ATP) in Queensland, were awarded to Comet Ridge in 2009 with exploration initially focused on coal seam […]
Vintage Energy and Comet Ridge report ‘strong gas shows’ at Albany-1 side-track well
Gas explorers Vintage Energy (ASX: VEN) and Comet Ridge (ASX: COI) have registered gas shows in multiple zones while drilling the Albany-1 sidetrack well in central Queensland’s onshore Galilee Basin. The well has reached a total depth of 2,822m and gas shows have been measured through all four sandstone packages of a thick reservoir section. […]
Comet Ridge lines up coal seam gas wells for production testing
Coal seam gas explorer Comet Ridge (ASX: COI) has wrapped up the latest round of evaluation drilling at its Mahalo gas project in Queensland, with two wells lined up to start production testing over the next week. The company today reported it has completed the drilling of Sirius Road-2, the fifth and final well of […]