Brisbane-based coal seam gas explorer Comet Ridge Limited has commenced a three-well drilling campaign in the Galilee Basin with the spud of the Gunn 2 well yesterday in ATP 744P in the Galilee Basin, central Queensland.

Comet Ridge holds 100 per cent equity in the permit.

The Gunn 2 well is located 93 km NNW of Aramac and 576 km WNW of Gladstone. The well is expected to reach a total depth of approximately 1,050 metres and will continue to evaluate and obtain key information from the main reservoir coals in the Permian aged Betts Creek Beds.

Comet Ridge has previously defined the Gunn Project Area (GPA), in the south western part of ATP 744P, with the drilling of the Hergenrother 1 and Gunn 1 exploration wells in 2010. This area of the block is approximately 1,400 km2 in area and was further delineated with an extensive 252 km 2D seismic survey in 2011.

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