Articles On Comet Ridge (ASX:COI)

The overnight Dow rally lifted spirits across global markets, with the ASX following suit this morning.​ The 650+ point bounce came on hopes of a December rate cut from the Federal Reserve, with traders now pricing in an 85% probability of...

Highlights Comet Ridge (ASX:COI) carries debt but also holds a stronger cash position. Understanding balance sheet trends helps assess financial stability. Future profitability remains central to managing long-term liabiliti...

East Coast faces gas shortfalls despite Australia having abundant resources Policy reform needed to unlock investment in new domestic gas fields ASX juniors have the potential to supply gas to ease supply woes   Is Australia’s East Coast...

Highlights: Energy sector focus drives activity in ASX small-cap space Gold exploration remains in spotlight amid resource updates Tech solutions companies show contract and expansion developments The ASX small-cap lan...

Santos plans to accept an $8.89 per share cash takeover offer from an Abu Dhabi-led consortium Acquisition could charge up interest in Queensland’s gas assets to top up resources for LNG export Junior companies operating in the state could...

Anthony Albanese’s second term showing positive signs for Australia’s gas sector However, reform of approvals process is unlikely Investment still occurring in Queensland with Shell reported to be bringing in high spec rig Australia’s gas...

Labor has secured a clear majority in the Lower House following a landslide electoral victory Government has reiterated the importance of gas in the energy mix to back up renewables Natural gas is also important in the manufacturing and in...

Morgans deputy head of research Adrian Prendergast says the east coast gas outlook makes Comet Ridge and its advanced gas projects appealing to investors Demand is expected to run far ahead of supply in the coming years, fuelling a search...

Stock analysis veteran and lover of the resources game, Peter Strachan is back for another instalment of the Rock Yarns podcast. In this episode, Peter chats with Managing Director Tor McCaul at Comet Ridge (ASX:COI) about the advances bein...

Stockhead’s Road to 2025 video series highlights companies’ key 2024 achievements and the routes they’re plotting towards a successful year ahead. In this edition, Tylah Tully looks at Comet Ridge (ASX:COI) , an Australian energy company fo...

Metals X hits three-year high as tin prices surge following the closure of a large mine in the DRC Renergen achieves liquid helium breakthrough in South Africa Gold nears key US$3000 per ounce mark and miners like Pantoro and Meeka Metals...

Comet Ridge’s Mahalo East pilot started producing gas earlier than expected about two weeks ago Final gas content analysis on core samples from the Mahalo East-1 vertical well shows higher than expected gas content Production testing to co...

Highlights: The Australian market experienced a decline, with IT and Industrials seeing significant downturns. Penny stocks continue to be a focus due to their accessibility and growth dynamics. Several companies across ener...

Comet Ridge has near-term gas developments that can supply Australia’s east coast Flagship Mahalo JV with Santos now in the FEED phase, which places it closer to FID Near-term news from its Mahalo East pilot with flow testing expected to s...

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 highlights several companies with potentially significant impendi...

Queensland’s frontier Taroom Trough is looking increasingly positive for big gas potential Resources could help plug the growing supply deficiency the east coast is facing Omega Oil & Gas is confident about its upcoming Canyon-1H produ...

Comet Ridge starts pilot production at its Mahalo East gas project in Queensland Water to be initially produced through Mahalo East-1 well before gas starts flowing Mahalo East currently has a 2C contingent resource of 31PJ of gas   Speci...

Mahalo JV Operator has approved commencement of FEED FEED is a pre-cursor for a final investment decision for the project, which could boost east coast gas supply Coal samples from Mahalo East-1 vertical well still desorbing strong gas vo...

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...