Comet Ridge Limited engages in the oil and gas exploration, appraisal, and development activities in Australia. The company holds 57.14% interest in the Mahalo Joint Venture project covering an area of 989 square kilometers located in the Southern Bowen Basin, Queensland. It holds 100% interest in the Mahalo North project covering 450 square kilometers, the Mahalo East project covering 97 square kilometers, and the Mahalo Far East project covering 338 square kilometers located in the Southern Bowen Basin, Queensland; and the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland. In addition, the company holds 59.09% interest in PEL 427 project covering an area of 900 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.
Australian Market Performance
7D7 Days: 0.7%
3M3 Months: 7.6%
1Y1 Year: 14.0%
YTDYear to Date: 6.4%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. More promisingly, the market is up 13% over the past year. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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