
Comet Ridge is increasing its acreage position in the Australia's Mahalo Gas Hub. (Source: Shutterstock/Comet Ridge)
Comet Ridge Ltd. was awarded authority to prospect (ATP) 2072 over tender block PLR2023-1-1 in Australia, which lies adjacent to its Mahalo East and Mahalo Far East projects.
Called the Mahalo Far East Extension, the block covers an area of 66 sq km. The southern portion of the new block sits over the Mahalo Gas Hub’s high-quality fairway and is expected to be a source of future production wells for the Mahalo Hub development plan, according to the July 22 press release.
Mahalo East and Mahalo Far East serve as feed-in blocks. A pilot scheme will commence at Mahalo East later this year, with funding received from the Queensland Government’s Frontier Gas Exploration Program.

“This new area at Mahalo Far East Extension will offer additional gas production capacity to feed in after Mahalo North (Comet Ridge 100% owned and operated) and the Mahalo JV development [Comet Ridge with 57% ownership and Santos as operator with 43%] commence gas production,” said Tor McCaul, manging director for Comet Ridge, in a press release.
Comet Ridge holds 100% ownership and operatorship of the Mahalo Far East Extension.
Recommended Reading
E&P Highlights: Jan. 27, 2025
2025-01-27 - Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
E&P Highlights: Dec. 2, 2024
2024-12-02 - Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Petrobras Awards SLB Another Contract Offshore Brazil
2024-12-12 - Petrobras has awarded JV SLB OneSubsea a contract for raw water injection systems a day after Petrobras selected SLB to handle integrated services at its offshore fields.
E&P Highlights: Nov. 25, 2024
2024-11-25 - Here’s a roundup of the latest E&P headlines, including North Sea production updates as well as major offshore contracts and a transfer of interests by Exxon in Suriname.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.