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COMET RIDGE LIMITED — Capital/Financing Update 2026
Mar 30, 2026
64686_rns_2026-03-30_37ce6720-5a62-4624-ba75-cece7f0b2543.pdf
Capital/Financing Update
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ASX Announcement
31 March 2026
Amended Dates Under CleanCo GSA terms
Comet Ridge Limited (ASX:COI) wishes to advise the dates of the two remaining conditions for the Gas Sales Agreement (GSA) with CleanCo Queensland Limited (CleanCo) have been mutually extended. These conditions relate to Comet Ridge securing finance and gas transportation/processing agreements to satisfy the supply requirements under the GSA. Comet Ridge and CleanCo have agreed to amend the date for these conditions to 31 May 2026.
Comet Ridge continues to engage with CleanCo and other prospective gas buyers to optimise gas sales from the Mahalo Gas Hub area.
By Authority of the Board per: Tor McCaul, Managing Director
For more informaton:
Tor McCaul Robin Polson Managing Director Chief Financial Officer Phone +61 7 3221 3661 Phone +61 7 3221 3661 [email protected] [email protected]
About Comet Ridge
Comet Ridge Limited (ASX: COI) is a publicly listed Australian energy company focused on the development of natural gas resources for the strained east coast Australian market. The company has tenement interests and a suite of prospective projects in Queensland. Our flagship Mahalo Gas Hub project consists of low cost, sales spec natural gas blocks, close to Gladstone, containing low CO2 Gas Reserves. Our exploration assets offer further upside amid increasing domestic and international demand for natural gas as a source for cleaner energy and as a key manufacturing feedstock that makes thousands of products, used daily.
Comet Ridge plans to transition its Mahalo Gas Hub assets into meaningful gas supply into the east coast gas market, commencing with Mahalo North and the larger Mahalo Gas Project, in joint venture with Santos QNT Pty Ltd (as the Development Operator). These projects will be further supplemented by planned development of gas resources from Comet Ridge’s other 100% held permits, Mahalo East, Mahalo Far East and the newly awarded Mahalo Far East Extension. More information regarding Comet Ridge is available at www.cometridge.com.au.
Level 12, 410 Queen Street Brisbane Queensland 4000 GPO Box 798 Brisbane Qld 4001 Phone +61 7 3221 3661 Email: [email protected] cometridge.com.au
Comet Ridge Limited | ABN 47 106 092 577 | ASX: COI