Tor McCaul, managing director of Comet Ridge Ltd (ASX:COI), spoke to Proactive Investors at the ASX Small and Mid-Cap Conference in Sydney.
The Brisbane-based energy company is focused on coal seam gas and sandstone gas exploration and appraisal, with a suite of tenements and prospective projects. It has recently renegotiated a deal with Stanwell Corporation Limited, adding more time for a Mahalo block final investment decision (FID) and agreeing to negotiate a gas sales agreement for the Southern Bowen Basin project using market-based pricing.
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