Summary
Comet Ridge Limited (CRL) is an oil and gas company that explores and develops oil and natural gas properties. The company’s projects include Gunn project area, Mahalo Block PEL 6, PEL 427, and PEL 428. Its Mahalo asset is located in the Denison trough area of Queensland's Bowen Basin near Rolleston. CRL also offers coal seam gas exploration and appraisal. The company has oil and gas interests in the US. It operates on the discovery, certification and commercialization of CSG reserves for gas as a source of clean, greenhouse-friendly energy. It has presence in Australia, the US and New Zealand. CRL is headquartered in Brisbane, Queensland, Australia.
Comet Ridge Ltd (COI) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.
GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.
Scope
- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.
Reasons to Buy
Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.
Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.
Note*: Some sections may be missing if data is unavailable for the company.
Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Comet Ridge Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Comet Ridge Ltd, Oil & Gas Deals By Type, 2011 to YTD 2017 7
Comet Ridge Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Comet Ridge Ltd, Oil & Gas, Deals By Sector, 2011 to YTD 2017 9
Comet Ridge Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Comet Ridge Ltd, Oil & Gas, Deal Details 11
Asset Purchase 11
Comet Ridge Completes Acquisition Of 5% Interest In Mahalo Gas Project In Australia From Stanwell 11
Comet Ridge Completes Acquisition Of Interests In PEL 6, PEL 427 And PEL 428 In New South Wales From Petrel Energy For US$1.2 Million 13
Comet Ridge Completes Acquisition Of 20% Interest In Lake Galilee Area In Queensland From Queensland Energy Resources 15
Comet Ridge To Acquire Up To 55% Interest In Lake Galilee Area In Queensland From Queensland Energy Resources 16
Comet Ridge Completes Acquisition Of Additional 20% Interest In PEL 428 Permit From Greenpower Energy 17
Equity Offering 18
Comet Ridge Raises US$0.96 Million Through Issue Of Shares 18
Comet Ridge Completes Private Placement Of Shares For US$7 Million 19
Comet Ridge Completes Private Placement Of Shares For US$8.2 Million 20
Comet Ridge Completes Retail Entitlement Offering Of Shares For US$3.3 Million 21
Comet Ridge Completes Private Placement Of Shares For US$2.6 Million 23
Comet Ridge Completes Institutional Entitlement Offering Of Shares For US$4 Million 24
Asset Transactions 26
Stanwell Completes Acquisition Of 5% Interest In ATP 337P Mahalo From Comet Ridge For US$7 Million 26
Comet Ridge Ltd - Key Competitors 28
Comet Ridge Ltd - Key Employees 29
Comet Ridge Ltd - Locations And Subsidiaries 30
Head Office 30
Other Locations & Subsidiaries 30
Recent Developments 31
Strategy and Business Expansion 31
Jun 20, 2017: APA signs MoU with Blue Energy to connect Northern Queensland gas to market 31
May 11, 2016: Comet Ridge: MOU With APA Group For Galilee Basin Transportation Services 32
Drilling and Production Updates 33
Mar 03, 2016: Comet Ridge: Mahalo 7 Horizontal Well Production Continues Very Positive Trend 33
Jan 25, 2016: Comet Ridge: Mahalo 7 Horizontal Well Production Continues To Increase 34
Other Significant Developments 35
Aug 28, 2017: Comet Ridge: Humboldt South 1 Corehole Spuds In Mahalo Block 35
Aug 17, 2017: Comet Ridge Provides Mira Field Operational Update 36
Aug 10, 2017: Comet Ridge Provides Mahalo Block – Mira Field Operational Update 37
Apr 28, 2017: Comet Ridge Announces March 2017 Quarterly Activities Report 39
Apr 13, 2017: Comet Ridge Mahalo Block Operational Update – Work Plan Approved 42
Jan 31, 2017: Comet Ridge Announces Quarterly Report For Period December 2016 43
New Contracts Announcements 45
Jun 29, 2017: Comet Ridge awards drilling services contract to TDC for Mahalo Block 45
Apr 03, 2017: Comet Ridge To Manage Exploration Program At Mahalo – Significant 2P Reserves Growth Targeted By Company 46
Appendix 48
Methodology 48
About GlobalData 48
Contact Us 48
Disclaimer 48
List of Tables
Comet Ridge Ltd, Oil & Gas, Key Facts, 2016 2
Comet Ridge Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 2
Comet Ridge Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Comet Ridge Ltd, Oil & Gas Deals By Type, 2011 to YTD 2017 7
Comet Ridge Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Comet Ridge Ltd, Deals By Sector, 2011 to YTD 2017 9
Comet Ridge Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Comet Ridge Completes Acquisition Of 5% Interest In Mahalo Gas Project In Australia From Stanwell 11
Comet Ridge Completes Acquisition Of Interests In PEL 6, PEL 427 And PEL 428 In New South Wales From Petrel Energy For US$1.2 Million 13
Comet Ridge Completes Acquisition Of 20% Interest In Lake Galilee Area In Queensland From Queensland Energy Resources 15
Comet Ridge To Acquire Up To 55% Interest In Lake Galilee Area In Queensland From Queensland Energy Resources 16
Comet Ridge Completes Acquisition Of Additional 20% Interest In PEL 428 Permit From Greenpower Energy 17
Comet Ridge Raises US$0.96 Million Through Issue Of Shares 18
Comet Ridge Completes Private Placement Of Shares For US$7 Million 19
Comet Ridge Completes Private Placement Of Shares For US$8.2 Million 20
Comet Ridge Completes Retail Entitlement Offering Of Shares For US$3.3 Million 21
Comet Ridge Completes Private Placement Of Shares For US$2.6 Million 23
Comet Ridge Completes Institutional Entitlement Offering Of Shares For US$4 Million 24
Stanwell Completes Acquisition Of 5% Interest In ATP 337P Mahalo From Comet Ridge For US$7 Million 26
Comet Ridge Ltd, Key Competitors 28
Comet Ridge Ltd, Key Employees 29
Comet Ridge Ltd, Subsidiaries 30
List of Figures
Comet Ridge Ltd, Oil & Gas, Deals by Type, 2011 to YTD 2017 2
Comet Ridge Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 2
Comet Ridge Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 2
Comet Ridge Ltd, Oil & Gas, Deals By Sector, 2011 to YTD 2017 2
Comet Ridge Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Comet Ridge Ltd, Oil & Gas, Deals by Type, 2011 to YTD 2017 7
Comet Ridge Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Comet Ridge Ltd, Oil & Gas, Deals by Sector, 2011 to YTD 2017 9
