Comet Ridge Ltd (AU:COI) has released an update.
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Comet Ridge Ltd is advancing its Mahalo Gas Hub project, with significant progress in the front-end engineering design phase, including completion of preliminary planning, selection of key facilities, and initiation of a pilot production test funded by a government grant. The company is also working towards finalizing a pipeline feed with Jemena to connect the project to end-user markets, amid strong demand for Queensland gas. Drilling for the Mahalo North project is set to commence in October, aiming to supply low-emission energy generator CleanCo Queensland Limited with gas.
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