Comet Ridge Reports Increasing Gas Production at Mahalo North

Source: 4/28/2022, Location: Not categorized

Comet Ridge has advised that the Mahalo North pilot production scheme, which has been flowing through a production separator for the past few weeks, is delivering a steadily increasing flow of gas.

Dewatering of the coal continues with the well maintaining a consistent water production rate of approx. 800 barrels of water per day, with gas production improving as reservoir pressure is reduced.

Comet Ridge Managing Director, Tor McCaul said that he was very happy with the progress of the test.

'The well has performed strongly from the commencement of testing in January. It has been pleasing to see gas desorption start over the past few weeks, resulting in measurable gas produced to surface on a 24-hour basis. Whilst the current gas rate is still in an early production phase, it is steadily increasing and early analysis points to extension of the Mahalo high productivity fairway into Mahalo North.'

Comet Ridge will provide regular market updates as the production test continues.

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