Jade Gas Holdings Ltd
Jade Gas Holdings Limited is an Australia-based gas exploration company.
The business
Jade Gas Holdings Limited is an Australia-based gas exploration company. The Company is focused on the coal bed methane (CBM) potential of Mongolia. The Company’s flagship project is the Coal Bed Methane gas project over the Production Sharing Agreement (PSA) area of Tavantolgoi XXXIII unconventional oil basin, (TT CBM Project). It operates and manages the TT CBM Project through its subsidiary Methane Gas Resource LLC (MGR), a joint venture (JV) company partnering with Erdenes Methane LLC (EM). It also holds two prospective CBM permits: Shivee Gobi and Eastern Gobi. Together the permits cover an area of over 18,000 square kilometers (km2) and are located within existing coal basins and near coal deposits and mines. Its Shivee Gobi permit covers an area of over 8,317 km2 and is located approximately 300 km south of Ulaanbaatar. It also holds a prospecting agreement permit over the Baruun Naran coal field (BNG Project), which is located immediately adjacent and west of its TTCBM Project.
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Latest news
Jade Gas Achieves First Gas Flow at Red Lake Production Well in Mongolia
Jade Gas Holdings (ASX: JGH) has delivered gas to surface from its first horizontal production well at the Tavantolgoi coal bed methane (CBM) project in Mongolia. The breakthrough marks the country’s first production well gas flow and a critical proof-of-concept milestone for the Red Lake Field. It also advances the company’s field development plan and […]
Jade Gas advances Red Lake development in Mongolia with second successful well
Jade Gas (ASX: JGH) remains on target to fast-track development of its Red Lake gas field in the South Gobi region of Mongolia after further drilling success. Jade has identified a high-value gas opportunity in Mongolia and is on track to quickly supply local buyers from what it considers a world-class asset. The Red Lake […]
Jade Gas restarts drilling at BNG to boost resource potential in Mongolia
Jade Gas (ASX: JGH) has resumed its drilling program at Baruun Naran (BNG), adjacent to the company’s TTCBM Red Lake project in Mongolia. Jade has returned to BNG to complete the remaining five of eight appraisal wells as it looks to increase its resource numbers. Located immediately to the west of TTCBM, BNG is considered […]
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