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Mahalo Gas Project Ownership Transfer

Sector: Oil and Gas • Location: Brisbane, Queensland, Australia

Source: Rigzone

Project
Under Development

Santos Ltd has agreed to sell its 42.86% operating stake in the Mahalo Joint Venture in Queensland's Bowen Basin to Comet Ridge Ltd, which will become the sole owner of the Mahalo Gas Project. The project includes two petroleum development leases forming stage 1 of the Mahalo Gas Project, three potential commercial areas to the south, two petroleum lease applications to the northwest, and three pr

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The project “Mahalo Gas Project Ownership Transfer” is an infrastructure initiative in the Oil and Gas sector, located in Brisbane, Queensland, Australia. Taiyo aggregates data on it from Rigzone.

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Participants

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under development

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Description

Description

Santos Ltd has agreed to sell its 42.86% operating stake in the Mahalo Joint Venture in Queensland's Bowen Basin to Comet Ridge Ltd, which will become the sole owner of the Mahalo Gas Project. The project includes two petroleum development leases forming stage 1 of the Mahalo Gas Project, three potential commercial areas to the south, two petroleum lease applications to the northwest, and three prospecting consents to the northeast. Santos has taken the project well into front-end engineering design, with Comet Ridge planning to continue work towards a final investment decision in early 2026.

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Source reliability

High

Data quality score

100%

Source

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URL

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