Comet Ridge Limited advised that the Mahalo North 1 well continues to increase gas production, currently flowing at over 760 Mcfd. This corresponds with the water production rate declining from a peak of approximately 1,560 bwpd (barrels of water per day) down to its current level of around 1,000 bwpd. Comet Ridge will continue to provide regular market updates as the production test continues.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.21 AUD | -2.33% | +5.00% | -4.55% |
May. 10 | Comet Ridge Secures AU$5 Million Government Grant for Mahalo East Pilot | MT |
May. 07 | Canaccord Downgrades Comet Ridge to Hold from Speculative Buy, Price Target is AU$0.21 | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-4.55% | 156M | |
+9.06% | 300B | |
+4.86% | 142B | |
+48.92% | 122B | |
+20.84% | 82.35B | |
+7.43% | 74.68B | |
+6.20% | 56.22B | |
+9.68% | 48.55B | |
+27.46% | 35.25B | |
-11.43% | 34.92B |
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