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Comet Ridge gains full Mahalo control as development funding becomes the next test
9:49am on Friday 30th of October, 2026 AEDT
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Oil and Gas
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Comet Ridge gains full Mahalo control as development funding becomes the next test
9:49am on Friday 30th of October, 2026 AEDT
Key Points
100% ownership and operatorship of the Mahalo Gas Hub
$40.88 million capital raising completed before costs
361 PJ of 2P reserves and 677 PJ of 2P plus 2C resources
$11.4 million cash and approximately 2.2 quarters of funding
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Comet Ridge (ASX:COI)
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