Articles On Comet Ridge (ASX:COI)

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...

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...