Comet Ridge has completed a $5 million placement to bolster its working capital position ahead of commencing an appraisal program focussed on gas flow and reserves addition, initially at Mahalo North, Queensland.
Managing director Tor McCaul said this placement was executed following strong demand from high quality institutions who had recognised the benefits of Comet Ridge’s recent transformational deals with APLNG and Santos.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.