Sydney-listed Comet Ridge on August 26 announced that the gas flow from the Mahalo North 1 pilot well in Queensland has now exceeded 1.7mn ft³/day. This represents the highest recorded gas flow rate from a pilot well in the Mahalo Gas Hub area.

The Mahalo North 1 pilot well is located in ATP 2048 where Comet Ridge holds 100% equity. Production data obtained from Mahalo North 1 continues to be incorporated into the company’s geological model for this area, Comet Ridge said. Environmental field work has also been progressing in parallel with appraisal activities that will support the finalisation of a petroleum Lease application for Mahalo North by year end.

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“Mahalo North is more than 15km from another successful pilot well, Mira 6, which is located in the Mahalo gas project, so we have established a very large, sweet spot along the high productivity fairway, which also contains a third successful pilot well at Mahalo 7,” Comet Ridge managing director, Tor McCaul, said.

Comet Ridge has tenement interests and a suite of prospective projects in Queensland and New South Wales. Its flagship Mahalo gas hub project consists of natural gas blocks close to Gladstone in Queensland.