| 26 November 2015 Managing Director's AGM Presentation | |
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PowerPoint Presentation
ASX Code : COI www.cometridge.com.au
www.cometridge.com.au
Comet Ridge Limited
Annual General Meeting - Brisbane
Managing Director's Presentation
26 November 2015
Structural Change in East Coast Gas Market
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3 LNG Projects starting in 2015 at Gladstone has caused the biggest shift in the east coast gas market in almost 50 years (since Roma (Qld), Moomba (SA) and Bass Strait (Vic) each came on line)
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3 Gladstone production trains running now and 3 more starting shortly
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Massive production requirement of approx. 1500 PJ/yr required just for the 3 LNG projects
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Significant challenge for the industry to continue to add reserves as gas is produced
Potential growth in eastern Australian gas market
Source: BREE, Eastern Australian Domestic Gas Market Study
Comet Ridge - Strategic East Coast Gas Portfolio
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Reserve (PJ)
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Contingent Resource (PJ)
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Type
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2P
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3P
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1C
|
2C
|
3C
|
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CSG
|
67
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1870
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Sandstone Gas
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56
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153
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417
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Reserve (PJ)
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Contingent Resource (PJ)
|
|
Type
|
2P
|
3P
|
1C
|
2C
|
3C
|
|
CSG
|
22
|
124
|
208
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328
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468
|
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Reserve (PJ)
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Contingent Resource (PJ)
|
|
Type
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2P
|
3P
|
1C
|
2C
|
3C
|
|
CSG
|
474
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Refer to the Competent Persons Statement at end of this presentation and the ASX announcement dated 6 August 2015 for further information on COI's Reserves and Contingent Resources
ASX Code : COI
Mahalo Project
www.cometridge.com.au
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Comet Ridge Limited
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Comet Ridge LTD is based in Australia. Comet Ridge LTD is listed in Australia. Its market capitalisation is AU$ 109.3 millions as of today (US$ 71.8 millions, € 66.7 millions). Its stock quote reached its lowest recent point on August 14, 2015 at AU$ 0.04, and its highest recent level on July 06, 2018 at AU$ 0.42. Comet Ridge LTD has 575 340 032 shares outstanding. |