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Jade Gas Secures A$3.64m Loan to Fuel Red Lake Gas Breakthrough
9:00am on Wednesday 30th of July, 2025 AEST
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Energy
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Jade Gas Secures A$3.64m Loan to Fuel Red Lake Gas Breakthrough
9:00am on Wednesday 30th of July, 2025 AEST
Key Points
A$3.64 million unsecured director loan executed
Funds allocated to Red Lake Gas Field well production
Loan carries 8% annual interest over 24 months
Two horizontal CBM wells brought online in June 2025
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