Coal seam gas explorer Comet Ridge Limited says that drilling results from the Mira 3 well, at its ATP 337P Mahalo asset in Queensland’s Bowen Basin, have been very positive.

The well intersected 8.9 metres of coal over four separate, closely spaced intervals in the Castor Pollux reservoir. Wireline testing was conducted on all four of these coal intervals. The results indicate good to excellent coal productivity at this pilot location.

Mira 3 is the first well in an eight-well programme for the Mahalo Joint Venture and the first of four pilot wells in the Mira field.

Mira 3 is located approximately 13 km southeast of the Mahalo pilot area and is approximately 250 km west of Gladstone in central Queensland. The well reached a total depth of 320 metres.

Tags: Comet Ridge Limited