Comet Ridge Spuds Third CSG Well in Bowen Basin

Coal seam gas explorer Comet Ridge Limited said that it has spud the Mira 5 well at its ATP 337P Mahalo asset in Queensland’s Bowen Basin.

Mira  5 is located approximately 500 metres  east  of the recently drilled Mira  4 pilot well and is approximately 250 km west of Gladstone in central Queensland.  The well is expected to reach a total depth of approximately 310 metres.

The well is the third well in an eight-well programme for the Mahalo Joint Venture and the third of four pilot wells in the Mira field.