
Comet Ridge Ltd
ASX:COI

Comet Ridge Ltd
Comet Ridge Ltd. operates as a coal seam gas exploration and development company. The company is headquartered in Brisbane, Queensland. The company went IPO on 2004-04-19. The firm is focused on the development of gas resources for the east coast Australian market. The firm has tenement interests and a suite of prospective projects in Queensland and New South Wales. Its projects include the Mahalo Project, the Mahalo North Project, and the Galilee Project. The Mahalo JV Project is located in the Denison Trough area of Queensland's Bowen Basin near Rolleston and covers an area of approximately 911 square kilometers (km). The Mahalo North Project covers an area of approximately 450 square km and is located directly north and contiguous to the Mahalo Gas Project. The Galilee Project Basin covers an area of approximately 9,685 square km. The Galilee Project has various prospects, including ATP 743, ATP 744 and ATP 1015. The firm's New South Wales Projects are located in the Gunnedah Basin in northern New South Wales and covers an area of approximately 18,000 square km.