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MARKETS

RBC upgrades Comet Ridge share price target

COMET Ridge’s Mira-6/2 horizontal well hit 1.4 million cubic feet a day flow, higher than the company expected or had previously predicted, with RBC Capital Markets suggesting late yesterday it warranted a “derisking of our carrying value for the asset”. 

Helen Clark
RBC upgrades Comet share price target after Mira-6/2 flow

RBC upgrades Comet share price target after Mira-6/2 flow

RBC analyst Ben Wilson said that the company is a still a catalyst-driven story as the market awaits results of the Albany-1 well and progress towards final investment decision for the Mahalo field, home...

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