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Comet Ridge Limited

Publié le 02 décembre 2015

26 November 2015 Managing Director's AGM Presentation

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26 November 2015 Managing Director's AGM Presentation

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


  • 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)


  • 3 Gladstone production trains running now and 3 more starting shortly


  • Massive production requirement of approx. 1500 PJ/yr required just for the 3 LNG projects


  • 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


Reserve (PJ)

Contingent Resource (PJ)

Type

2P

3P

1C

2C

3C

CSG

67

1870

Sandstone Gas

56

153

417


Reserve (PJ)

Contingent Resource (PJ)

Type

2P

3P

1C

2C

3C

CSG

22

124

208

328

468



Reserve (PJ)

Contingent Resource (PJ)

Type

2P

3P

1C

2C

3C

CSG

474



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

CODE : COI.AX
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Comet Ridge LTD est une société basée en Australie.

Comet Ridge LTD est cotée en Australie. Sa capitalisation boursière aujourd'hui est 109,3 millions AU$ (71,8 millions US$, 67,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 14 août 2015 à 0,04 AU$, et son plus haut niveau récent le 06 juillet 2018 à 0,42 AU$.

Comet Ridge LTD possède 575 340 032 actions en circulation.

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