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Jade Gas advances Red Lake funding plan as November signing target approaches
12:01pm on Friday 30th of October, 2026 AEDT
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Oil and Gas
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Jade Gas advances Red Lake funding plan as November signing target approaches
12:01pm on Friday 30th of October, 2026 AEDT
Key Points
Proposed US$762.5m funding framework for 175 Red Lake wells
Binding financing and development agreements now targeted for November
502km² production licence area agreed with Mongolian regulator
First multilateral well drilling underway at Red Lake
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