Comet Ridge Ltd (AU:COI) has released an update.
Comet Ridge Limited has received an Environmental Authority from the Queensland Government for its Mahalo North project, signalling a major step towards the anticipated award of Petroleum Lease 1128. The development aims to supply gas to CleanCo, a renewable energy firm, aligning with environmental standards and advancing Australia’s shift to a renewable energy future. This approval marks a significant milestone for the company’s Mahalo Gas Hub assets and precedes the necessary EPBC approval for commencement of development activities.
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