Articles On Comet Ridge (ASX:COI)

Bowen Coking Coal (BCB) has flagged its intention to raise some fresh capital after entering a trading halt The coking coal explorer last raised funds in November as well as secured a debt facility to help restart and operate the Bluff Min...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Comet Ridge (COI) is preparing to start a production testing program at the Mahalo North block in Queensland The company recently completed installing completion equipment in the Mahalo North 1 vertical well Comet also recently installed t...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

While September is known for being a hard month for stock markets around the world, these ASX energy shares managed to push through it with massive gains. Eagle-eyed investors might notice all the best-performing energy stocks of Septembe...

Highlights Europe is struggling with energy crisis pushing the prices of fossil fuels further. China’s stockpile of coal is depleting and is looking for sources to replenish it. Australia is among top five producers of coal globally a...

Highlights Coal futures have touched fresh high levels amid strong demand in China. China is facing a major power crisis as the country has taken significant steps to limit its carbon emissions. The country is likely to import coal fr...

Highlights  Coal prices are currently hovering near all-time-high levels. The demand for coal has been increasing despite the world’s efforts to decarbonise the global economy. Supply disruptions in South Africa and Russia due to rail...

The ASX regained some lost ground from yesterday’s bloodbath, but closed this week lower than what it began. The ASX 200 gained 0.5% to close at 7,407 points while the ASX Emerging Companies Index rose 2.45% to close at 2,469. Most sectors...

After treading water since the start of September, the ASX 200 took a dive in Thursday trade to finish 1.90% lower. Stocks lost ground at the opening bell and kept falling throughout the day, with steady falls across the board. Local stocks...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Despite much of Australia spending some or all of July in lockdown, the ASX 200 rose 1.7% and the top 50 winners all gained 45% or more. And that wasn’t the only joy during the month. Our Olympians are doing us proud bringing home 33 medals...

Comet Ridge (ASX:COI) is continuing its charge to become a significant gas supplier on Australia’s east coast after reaching an agreement to acquire Australia Pacific LNG’s 30% interest in the producing Mahalo coal seam gas project in Queen...

The ASX closed in negative territory despite a solid gain in tech stocks. The ASX 200 closed 0.23% down at 7,474 points although the ASX Emerging Companies Index rose 1.06% to close at 2,226 points. Despite tech stocks gaining 4.38%, as inv...

Summary Benchmark index, the ASX 200, was down 0.21% at 7,475.50 by the lunchtime. The market witnessed cautious trading ahead of the Reserve Bank of Australia’s (RBA) policy announcement. Barring tech, utilities and consumer staples,...

The Comet Ridge Ltd. (ASX: COI) share price is rocketing, up 22% in afternoon trade. Below, we take a look at the ASX resource explorer’s acquisition announcement. What acquisition announcement did Comet report? The Comet Ridge share price...

The Santos Ltd (ASX: STO) share price is currently in the red after an update was released about the Mahalo gas project. Santos’ joint venture partner Comet Ridge Ltd (ASX: COI) announced it has increased its ownership of the project and S...

Local markets have made a strong start to the week, with the ASX200 closing 1.34% higher on Monday as some major M&A activity stole the headlines. Gains were led by the tech sector, as Afterpay (ASX:APT) showed its weight by dragging th...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Commodity prices across the board have surged in recent months, and energy commodities are no exception. Crude oil, thermal coal and liquified natural gas (LNG) have pushed higher, but ASX energy shares seem to be lagging behind.  Energy c...

Oil and gas explorer Vintage Energy (ASX: VEN) is on track to deliver its first cash flow in 2021 as offtake talks continue for its Vali Field gas. In the short space of two years since listing on the ASX, the exploration junior has acquire...

07 Jul 2020 - Comet Ridge (ASX:COI) is pleased to announce that the Mahalo Gas Project has been granted Queensland State Government Petroleum Leases.

–The below is a company sponsored announcement– Elixir Energy ((EXR)) has reported its final gas content figures from its Nomgon-1 well at its seven million acres (30,000km2) coalbed methane (CBM) production sharing contract (PSC) in Mong...

The COVID-19 pandemic and the demand destruction that caused oil prices to crash and slashed gas demand has now claimed another shale oil and gas scalp. Chesapeake Energy, widely considered to be the trail blazer in the shale boom that turn...

Australian gas producers may have to tighten their belts for the next couple of years due to the continued impact on the global economy and energy demand from the COVID-19 pandemic. In its latest monthly report, Australian energy advisory f...

Bowen Coking Coal Limited (ASX:BCB), a Bowen Basin focused coking coal developer and explorer, advancing on key coking coal projects in Queensland. The World-renowned Bowen Basin hosts fully owned Isaac River, Hillalong, Cooroorah, and Come...

A glance through the latest expert views and predictions about commodities. Iron ore; manganese; and oil & gas. -Considerable downside likely for commodity price assumptions-Significant upside for iron ore prices likely from 2021-No sho...

While the broader liquefied natural gas (LNG) market has been impacted by the impact of COVID-19 – as the coronavirus is now named by the World Health Organisation – Australian LNG cargoes have remained largely unaffected. The outbreak has...

A new year brings a new raft of developments from Australia’s small cap oil and gas companies, which have operations not only locally but also in other parts of the world. It can be a little overwhelming given the sheer number of wells, tie...

Vintage Energy (VEN) has given investors an update on several of its joint venture operations Drilling is coming along nicely at the Otway Basin in South Australia and the Cooper/Eromanga Basin in Queensland At the Queensland Galilee Basin...

Comet Ridge (COI) has completed a multi-zone stimulation program at its Albany 2 well The aim is to test the commercial capability of two sandstone wells in the Galilee Basin Three prospective sandstone reservoir zones were treated with l...

Australia’s east coast gas shortage, which has propelled prices in major cities to more than double the level on the west coast, is a compelling investment theme but finding a well-priced entry among junior stocks is not easy, until you tak...

The S&P/ASX 200 index is on course to record another strong gain on Wednesday. In afternoon trade the benchmark index is up 0.6% to 6,830.3 points. Four shares that have failed to follow the market higher today are listed below. Here’s...

22 Nov 2019 - Comet Ridge’s (ASX:COI) Mahalo North Project is a step closer to market after the company signed a non-binding letter of intent with adjacent gas producer and infrast…

If Comet Ridge and Vintage Energy's joint venture in the Galilee Basin is a success, Santos, Senex and Beach Energy could start circling.

Gas explorers Vintage Energy (ASX: VEN) and Comet Ridge (ASX: COI) have registered gas shows in multiple zones while drilling the Albany-1 sidetrack well in central Queensland’s onshore Galilee Basin. The well has reached a total depth of 2...

Woodside Petroleum, Comet Ridge, Carnarvon Petroleum, Otto Energy, Senex Energy, Fortescue Metals Group, Treasury Wine Estates, Origin Energy, Adelaide Brighton, Paladin Energy.

An overview of Penny Stocks Penny stocks are highly volatile in nature and faces an extreme high and low during the trading session of a day, which could drop the investors pulse and please them in an intraday session. When it comes to the...

Tanzania has been notorious for its treatment of mining companies since its 2017 legislative changes which included potential renegotiation of agreements and greater government stakes in mining projects. The government told coal miner Intra...

APA Group and WorleyParsons Limited, both are significant players associated with the resources sector. The oil price has recently been affected due to decline in exports from Saudi Arabia, which is the world’s top oil exporter and, due to...

Globally, resource and energy commodity markets have been strained by the impact of both US-China trade tensions and supply changes in the last couple of months. However, according to a forecast released by the Department of Industry, Innov...

Resources sector is an important contributor to the Australia’s Economy, in terms of job creation, investments, tax revenues, etc. Let’s have a look at six small cap resources sector stocks along with recent updates: New Century Resources L...