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How Jade Gas Plans to Fast-Track Red Lake LNG with A$70m Langrun Deal
8:32am on Monday 10th of November, 2025 AEDT
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Energy
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How Jade Gas Plans to Fast-Track Red Lake LNG with A$70m Langrun Deal
8:32am on Monday 10th of November, 2025 AEDT
Key Points
A$70 million non-dilutive financing LOI signed with Langrun
Funding to cover drilling of 18 wells and LNG processing facilities
Potential expansion to all 175 wells in Phase 1 development
Partnership leverages Langrun’s coal bed methane expertise
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