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Jade Tests Five-Lateral Well as Red Lake Development Advances

8:42am on Monday 19th of October, 2026 AEDT • Energy
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Jade Tests Five-Lateral Well as Red Lake Development Advances

8:42am on Monday 19th of October, 2026 AEDT
Key Points
  • 3,700-metre Red Lake well targets 2,950 metres in-seam
  • Five lateral sidetracks will test a new completion design
  • Results are intended to shape Jade’s 2027 drilling programme
  • Proposed 175-well Phase 1 remains subject to binding agreements
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