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Comet Ridge Reshapes Mahalo Acquisition Terms Amid Federal Policy Uncertainty
9:14am on Thursday 21st of May, 2026 AEST
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Energy
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Comet Ridge Reshapes Mahalo Acquisition Terms Amid Federal Policy Uncertainty
9:14am on Thursday 21st of May, 2026 AEST
Key Points
Upfront cash payment reduced to $18 million
Additional $10 million in Comet shares to Santos
Completion date extended by three months
Contingent payments up to $30 million linked to gas sales milestones
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