Comet Ridge Limited announced that the Mahalo North 1 pilot test will be scaled down now that the Company has confirmed very high productivity from the evaluated area. The pilot well test has provided valuable technical information and, along with two earlier very successful pilot wells at Mira 6 and Mahalo 7, has again demonstrated the productive capacity of the Mahalo Gas Hub over a wide area, this time inside Comet Ridge's 100% held Mahalo North block. The Company's focus for Mahalo North will now turn to finalising the necessary work to support a Petroleum Lease application, including gas reserves and resource certification and the completion of environmental field work.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.195 AUD | -2.50% | -2.50% | -11.36% |
Mar. 18 | Comet Ridge Limited(ASX:COI) added to S&P/ASX All Ordinaries Index | CI |
Mar. 12 | Comet Ridge's Loss Widens in H1 FY24, Revenue Rises | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-11.36% | 144M | |
+11.94% | 306B | |
+12.22% | 153B | |
+52.00% | 124B | |
+23.02% | 83.43B | |
+12.59% | 78.06B | |
+21.58% | 62.81B | |
+14.39% | 60.08B | |
+13.61% | 49.91B | |
+33.31% | 37.05B |
- Stock Market
- Equities
- COI Stock
- News Comet Ridge Limited
- Comet Ridge Limited Confirms Very High Productivity from the Evaluated Area