Articles On Comet Ridge (ASX:COI)

Welcome to Got Gas, where Stockhead senior energy journalist Bevis Yeo gives you the lowdown on the news and insights you need to know in the ASX energy sector. This time, he looks at how Asia’s growing gas demand will impact ASX stocks. As...

  Comet Ridge completes drilling of the Mahalo East 2 lateral well Well has two laterals in between a block of reservoir coal which could reduce production testing time Production testing expected to start in early 2025   Special Report:...

MinRes gas sale to Hancock lights up gas market But hardcore oil and gas heads are looking at the explorers in the Taroom Trough The Queensland gas basin could deliver major supply boost for struggling east coast energy market Welcome to...

Comet Ridge intersects greater than expected permeability in lower two coal seams at its Mahalo East-1 vertical well Drilling now underway at the Mahalo East-2 horizontal well that will target the almost 3m thick Aries coal seam Different...

  ASX peaks before closing near record on Fed rate cut hopes Xero up on Syft buy, Auckland Airport down after share placement Microsoft announces US $60 billion buyback; Japanese stocks drop   The ASX briefly touched a new intraday high...

Shackled by red tape, devalued by the market’s embrace of ESG and hobbled during the pandemic, a few years ago you would have been forgiven for thinking gas was a dying industry. But a price surge in 2022 and major shortages in Australian...

Comet Ridge is pushing to move ahead with development of its Mahalo gas projects Key work progressing on the Mahalo JV project Development decision on Mahalo North is expected after EPBC approval from Canberra   Special Report: With Aust...

ASX rose  as the RBA held interest rates at 12-year high 4.35pc All 11 sectors on the ASX gained, with significant moves from Pilbara and Fortescue  ASX to launch first bitcoin-linked ETF on Thursday   Aussie stocks bounced back by +0.8%...

Comet Ridge expands Mahalo gas hub land position with award of new block The new Mahalo Far East Extension block covers 66km2 Southern portion of new block hosts Mahalo gas hub high-quality fairway   Special Report: Comet Ridge has expan...

It was a tough start to the week for the St Barbara Ltd (ASX: SBM) share price. The ASX gold stock was down as much as 21% to 22 cents before eventually closing the session at 23.5 cents. Why did this ASX gold stock crash? Investors were hi...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.75% to 7,784.4 points. Four ASX shares that have failed to follow the market higher today a...

It was a pleasing end to the trading week this Friday for the S&P/ASX 200 Index (ASX: XJO) and most ASX shares. After taking a dip yesterday, the ASX 200 was back t...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has returned to form on Friday. In afternoon trade, the benchmark index is up 0.45% to 7,757.1 points. Four ASX shares that are rising more than most today are listed below. Here's wh...

Insurance Australia Group Ltd (ASX: IAG) shares are benefiting from an improving profit outlook. Just look at the chart below, IAG is up around 30% over the past year. The business operates some of Australia's leading insurance brand...

Superannuation is the primary vehicle for retirement savings for most Australian workers, but new research shows a generational divide in its perceived importance.   A survey by financial advisory and accounting company Findex reveals...

Just 30% of Australians know their superannuation balance to the nearest $1,000, according to new research from Findex Group. A further 30% have only a vague idea or no idea of their superannuation balance today. The results show a...

Major gas consumers in eastern Australia have been sweating bullets since the Australian Energy Market Operator forecast that the annual supply gap would increase in magnitude from 2028 as southern gas production declines. And to make it wo...

  Empire Energy Limited (ASX:EEG) CEO Alex Underwood discusses the implications of gas shortfalls across Australia and possible sources for new supply. Paul Sanger: I'm Paul Sanger for the Finance News Network, and today I’m talking to Empi...

We’re here in Fremantle on day two of the RIU Explorers Conference in Fremantle, WA. This conference is a big deal for the industry Australia-wide, and while organisers reported they’d received 2200 registrations, there’ve been even more...

  Tor McCaul – Managing Director – Comet Ridge Limited (ASX: COI) is a publicly listed Australian energy company focused on the development of natural ga

Garimpeiro has a milestone birthday coming up that he would rather forget. Let’s just say the milestone event has prompted him to think about easing back on trying to monitor the hundreds of junior explorers out there. It’s why he had a loo...

Shell Energy Australia will buy an additional 3 terajoules per day of gas from Independent Queensland producer Denison to boost supply into the constrained east coast market. Denison has secured an additional supply contract with global he...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Chester Asset Management portfolio manager Rob Tucker recalls how painful long-term in...

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now...

Denison and Comet Ridge are working together to explore the possibility of enabling early gas production from Comet Ridge’s Mahalo North to be transported to the supply-constrained east coast market via Denison’s existing infrastructure.  D...

The ASX has extended its losses on Monday on risk-off sentiment Energy and Mining led the losses Two CEOs departed today   After losing 4% last week, the ASX retreated another 1.45% to a 3-month low on Monday as a fresh round of risk aver...

The Santos Ltd (ASX: STO) share price is starting the week deep in the red. In morning trade, the energy producer’s shares are down almost 5% to $7.07. Why is the Santos share price tumbling lower? Investors have been selling down the Sa...

The Queensland Department of Resources awards Comet Ridge (COI) and Vintage Energy (VEN) six potential commercial areas (PCAs) for another 12 yearsThe parties identified up to 20 leads and prospects in the deeper section of the basin for fu...

Gas explorer Vintage Energy (ASX: VEN) and joint venture partner Comet Ridge (ASX: COI) have announced that their Galilee Basin joint venture has been awarded six Potential Commercial Areas (PCAs) in central Queensland. Two exploration perm...

Comet Ridge (COI) receives firm commitments to raise $24 million under a share placementThe funds will be raised through the issue of approximately 137 million new shares at an issue price of 17.5 centsThe money will be applied to core and...

ASX 200 jumps 1.8%  Small Caps index adds 0.8% TYR and AQC lead small cap wins   The ASX Emerging Companies index (XEC) has risen 0.7% on Thursday. The benchmark 200 index climbed 1.8% on heavy late trade following quasi-dovish language...

ASX 200 ends 1.4% lower Emerging Co’s index sheds 0.7% I knew IRIS Metals would do well today The S&P/ASX Emerging Companies index (XEC) fell by abut 0.7% on Wednesday. The benchmark 200 index was down 1.4%. Across the bourse (and th...

Highlights: The ASX 200 benchmark index closed 1.42% down at 6,729.30 points today. Over the last five days, the index has lost 3.69% and 10.64% over the last 52 weeks. IT was the best performing sector today, gaining 0.33%, while ene...

Comet Ridge (COI) enters a mid-week trading halt pending the release of a capital raising announcementThe company will remain in the halt until Friday, September 9, or when the announcement is released to the market, whichever occurs firstC...

Sentiment towards natural gas is increasingly positive if the mood at RIU’s Good Oil Conference in Perth this week is any indication. There is also a notable preponderance of gas-focused plays presenting or exhibiting at the conference this...

ASX-listed Queensland gas explorer Comet Ridge has hired three brokers to raise $22 million, in part to pay back debt to Santos which is due just after Christmas.

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Comet Ridge (COI) confirms the gas flow from its Mahalo North 1 pilot well has exceeded 1.7 million cubic feet per day (MMcfd) The company says this represents the highest recorded gas flow rate in the Mahalo Gas Hub area so far Further, t...

We tapped the brains of six experts in the field to find out where the safest place to put our money is, as fears grow that a recession may well and truly be on its way.   When the US sneezes, global markets around the world catch the cold...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Comet Ridge (COI) completes the acquisition of Australia Pacific LNG’s (APLNG) 30 per cent interest in the Mahalo gas project in Queensland This increases the company’s net interest to 70 per cent which Comet Ridge paid the remaining $11 m...

Comet Ridge (COI) continues to see gas production grow on a daily basis at its Mahalo North 1 well in Queensland Currently, the well is producing over 310 million cubic feet per day, nearly a fourfold increase since the recommencement of t...

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Jessica Amir...

In this series, global equities portfolio manager James White ditches micro and macro and embraces “The Meta” perspective. A place where James can obsess over the detritus of where economies crash into equities. Whitey’s house is Lessep IM,...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

The recent super-toppy prices of Australia’s major commodity exports took a rare backward step today as analysts began to count the cost of China’s latest no-Covid lockdowns. The mega-miners and most of the energy names dragged heavily on T...

Russia’s war in Ukraine may be driving oil and gas prices through the roof, but the foundations of crude’s run beyond US$100 a barrel have been building for years. Crude was above US$110/bbl last week, translating to over $2 a litre at the...