Latest Jade Gas (ASX:JGH) News

Jade Gas Holdings has activated its inaugural gas production wells at Mongolia’s Red Lake field, marking a pivotal step toward commercial coal bed methane output. The company also secured a A$3.6 million loan and is exploring a dual listing on the Hong Kong Stock Exchange to accelerate growth.

Jade Gas Holdings has secured a A$3.64 million director loan to advance production at its Red Lake Gas Field, anticipating a transformational gas breakthrough this quarter.

Jade Gas Holdings has launched Mongolia’s inaugural horizontal Coal Bed Methane production wells at the Red Lake field, signaling a pivotal step in the country’s energy transition. The company also appoints Chris Whiteman as interim CEO amid strategic leadership changes.

Jade Gas Holdings has completed Mongolia’s inaugural horizontal coal bed methane wells at the Red Lake field, setting the stage for initial gas production by early June 2025. The company is advancing commercial partnerships to leverage this milestone for cleaner energy solutions in the South Gobi region.

Jade Gas Holdings has successfully drilled two production wells at Mongolia’s Red Lake gas field, confirming significant coal bed methane potential and preparing for imminent production. The company is advancing commercialisation talks with CNG manufacturers to capitalise on early gas flows.

Jade Gas Holdings has made significant strides in its coal bed methane project in Mongolia, completing key wells and securing A$3.63 million to accelerate its gas production strategy targeting 2025 gas flows.