Latest Jade Gas Holdings (Asx:Jgh) News

Jade Gas Holdings has verified exceptionally high methane purity exceeding 97% at its Red Lake gasfield, underpinning its commercial LNG ambitions and opening new chemical feedstock opportunities.

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

Jade Gas Holdings has appointed industry veteran Chris Newport as Managing Director to spearhead its transition from exploration to production in Mongolia’s coal bed methane sector. Newport’s extensive global experience is expected to accelerate the company’s commercialisation efforts ahead of first gas output.

Jade Gas Holdings has achieved continuous gas flow from two production wells and secured its first LNG sales agreement with Mongolia’s largest natural gas importer, UB Metan LLC. The company also raised $5 million to support its commercial operations.

Jade Gas Holdings has raised A$5 million through a placement to advance commercial gas production at its Red Lake field, with a follow-up Share Purchase Plan aiming to raise an additional A$2.1 million.

Jade Gas Holdings has secured a landmark five-year LNG sales agreement with UB Metan LLC, Mongolia’s largest natural gas importer, marking a pivotal step in its South Gobi coal bed methane project development.

Jade Gas Holdings has confirmed continuous gas flow from its second production well at the TTCBM Project, reinforcing the project's commercial viability and advancing Mongolia’s largest coal seam gas development.

Jade Gas Holdings has achieved a landmark milestone with gas flowing from its first horizontal production well in Mongolia’s Tavantolgoi CBM Project, marking a critical step toward commercial gas operations.

Jade Gas Holdings reports steady progress at its Red Lake Gas Field with both wells performing as expected, targeting first gas production within the current quarter.

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.