Coal seam gas explorer Comet Ridge Limited report that the Mahalo 3 well, at its ATP 337P Mahalo asset in Queensland’s Bowen Basin, has returned very positive well results in terms of both thickness of coal intersected and permeability, across the main coal reservoir section. The well lies approximately 260km west of Gladstone in central Queensland and was drilled to target the shallow Bandanna Formation.

The Mahalo 3 well reached a total depth (TD) of 300 metres on Friday 19 July, intersecting a total of approximately eight (8) metres of net coal, with seven (7) metres of this coal in the main Castor-Pollux seam. The Castor-Pollux is the target of the reserves booking plan currently being executed by the joint venture.

Tags: Comet Ridge