OPERATOR of the Mahalo gas field development in central Queensland, Comet Ridge (40%), told the market this morning it had lodged two petroleum lease applications covering the initial development area for its project.
jv required to begin production within two years.
Comet has held the leases under a shorter term Authority to Prospect but once converted to petroleum leases, the acreage will have a 30-year lease term. The joint venture will be required to...
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