Latest Coal Bed Methane Development News

NuEnergy Gas is moving its Tanjung Enim coal bed methane project towards targeted first gas sales in early 2027, backed by a US$88 million field service contract. But the ASX-listed developer ended FY2026 with only A$552,509 in cash, substantial liabilities and a material uncertainty around its ability to continue as a going concern.

Jade Gas has completed a A$11 million placement, boosting its cash reserves beyond A$20 million to fund key development and strategic moves, including a proposed Hong Kong listing.

Jade Gas Holdings has completed its appraisal program at the Tavan Tolgoi coal bed methane project, preparing to lodge its maiden gas reserve booking and advance development plans backed by fresh capital.