Comet Ridge Limited is a publicly listed Australian energy company strategically positioned in the natural gas sector, with a primary focus on developing gas resources for the east coast Australian market. Their flagship project, the Mahalo Gas Hub, is located in Queensland and consists of low-cost, sales-spec natural gas blocks near Gladstone, featuring significant gas reserves with low CO2 content.
The company’s strategic approach involves transitioning its Mahalo Gas Hub assets into meaningful gas supply, beginning with Mahalo North and followed by the larger Mahalo Gas Project. This development is being executed in joint venture with Santos QNT Pty Ltd, who serves as the Development Operator. Comet Ridge aims to capitalize on increasing domestic and international demand for natural gas, positioning it as a cleaner energy source and critical manufacturing feedstock.
Comet Ridge distinguishes itself through its experienced leadership team and a clear strategic vision for gas exploration and production. The company’s portfolio includes tenement interests and prospective projects in Queensland, with ongoing appraisal activities designed to add additional gas reserves and resources. By focusing on the strained east coast gas market, Comet Ridge is well-positioned to contribute to Australia’s energy infrastructure and meet growing market demands for affordable and cleaner energy solutions.
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