Positive results at Mahalo-3

Good news: Comet has received positive results from the Mahalo-3 well which lies about 260 kilmoetres west of the port city of Gladstone (pictured)

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Josh Lewis

 23 July 2012 04:17 GMT

Brisbane-based Comet Ridge has reported “very positive” well results from its Mahalo-3 coalbed methane well on ATP 337P, in Queensland’s Bowen basin.

The well was drilled to a total depth of 300 metres targeting the Bandanna formation and intersected eight metres of net coal, including seven metres in the main Castor-Pollux coalbed.

Comet said analysis of flow testing carried out over the coalbed showed the Castor-Pollux to have sufficient permeability to enable the well to be used for pilot production.

The well was subsequently cased and the drilling rig was released over the weekend and the next well in the campaign, Mahalo-6 was spudded on Sunday which will be drilled to a total depth of…

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