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Comet Ridge Raises $40 Million to Secure Mahalo Gas Project Ownership
11:27am on Friday 31st of July, 2026 AEST
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Energy
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Comet Ridge Raises $40 Million to Secure Mahalo Gas Project Ownership
11:27am on Friday 31st of July, 2026 AEST
Key Points
Placement and SPP raise $40.9 million before costs
Acquisition terms with Santos restructured to reduce upfront cash
FEED work advances for upstream and pipeline infrastructure
Gas supply agreements signed with Highview and revised with CleanCo
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