Comet Ridge Limited (ASX:COI) and Denison Gas Limited (Denison) have appointed Verbrec Infrastructure Services Pty Ltd (Verbrec) to undertake a Front-End Engineering Design (FEED) study which will prepare the design, project schedule and budget for an upgrade of Denison's infrastructure to accommodate up to 10 TJ/d of gas production from Comet Ridge's 100% held Mahalo North project.

Once the results of the FEED study are completed, the parties intend to finalise commercial arrangements for the transportation of Mahalo North early gas production via the Denison infrastructure.

Concurrently, Comet Ridge is progressing its internal planning of the capital expenditure requirements and approvals required for the Mahalo North field development.