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How Will Comet Ridge’s Full Control of Mahalo Gas Project Transform East Coast Supply?
9:33am on Wednesday 17th of December, 2025 AEDT
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Energy
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How Will Comet Ridge’s Full Control of Mahalo Gas Project Transform East Coast Supply?
9:33am on Wednesday 17th of December, 2025 AEDT
Key Points
Acquisition of Santos’s 42.86% interest for $40 million plus $20 million contingent payments
Comet Ridge’s ownership rises to 100%, becoming sole operator of Mahalo Gas Hub
2P Reserves and 2C Resources increase to 677 petajoules
Funding discussions underway with potential equity issuance
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