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Why Comet Ridge, Kingsgate, News Corp, and St Barbara shares are rising today

Why Comet Ridge, Kingsgate, News Corp, and St Barbara shares are rising today
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Comet Ridge gets A$5mn grant for pilot test in Mahalo East block in Queensland

Comet Ridge gets A$5mn grant for pilot test in Mahalo East block in Queensland
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Queensland awards gas block to Comet Ridge

Comet Ridge gets gas block in Queensland Australian gas explorer Comet Ridge has been awarded a gas block by the Queensland government, it said on May 10. This block was one of two blocks where the company was selected as the preferred tenderer in September 2020. The tender block PLR2020-1-2 has now been officially awarded to Comet Ridge as ATP 2063 and will be called Mahalo Far East. “Comet Ridge Limited is pleased to announce that following the company’s selection by the Queensland government as preferred tenderer for two additional gas blocks in September 2020, the second and largest of these blocks has formally been granted authority to prospect (ATP) status,” it said.

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