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Comet Ridge has provided an update on its Mahalo North work program, where Comet Ridge holds 100% equity and is the Operator. The drilling and production testing operations are targeting the high-quality fairway in the southern part of ATP 2048, approx. 3.7km to the north of the existing Mahalo Pilot Scheme.
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State Gas Limited (ASX:GAS) advises that the three production test wells continue to provide encouraging results after early testing.
State Gas Ltd has recently commenced the third of its current production tests at the Serocold-1 well.
Comet Ridge has announced that drilling operations at the Mahalo North-1 vertical well in ATP 2048 have successfully concluded with very positive coal thickness and permeability measured in the coal reservoir and good quality coal samples recovered for lab analysis.