Sept 12 (Reuters) - Comet Ridge Ltd (COI) :
- MAHALO JV LODGED 2 PETROLEUM LEASE APPLICATIONS WHICH WILL COVER INITIAL DEVELOPMENT AREA FOR MAHALO GAS PROJECT
- EXPECTED THAT ONCE GRANTED, PL'S WILL HAVE 30-YEAR LEASE TERM, WITH REQUIREMENT TO COMMENCE PRODUCTION WITHIN 2 YEARS FROM DATE OF GRANT
- WORK ALSO CONTINUES TO FINALISE REQUIRED ENVIRONMENTAL APPLICATIONS EXPECTED TO BE LODGED WITH FEDERAL AND STATE DEPARTMENTS SHORTLY
- MJV IS ALSO FINALISING A NUMBER OF APPLICATIONS FOR POTENTIAL COMMERCIAL AREA'S WHICH WILL COVER REMAINING AREA OF MAHALO BLOCK
- GAS PRODUCED FROM MAHALO GAS PROJECT WILL BE MARKETED BY COMET RIDGE WITH 40%, APLNG HOLDING 30% AND SANTOS WITH 30%
Sept 12 (Reuters) - Comet Ridge Ltd (COI) : MAHALO JV LODGED 2...
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