Jade Gas

Jade aims to support Mongolia’s clean energy transition by improving energy independence, and decarbonise the economy with a cleaner fuel source.

[Jade Gas @jade_gas]

$JGH Confirms Richy Xie Joins as Strategic Advisor and A$12m Bought Deal Financing Completed.

▪️Appointment of Xie (Richy) Shaobo as Strategic Advisor, bringing extensive Asia-Pacific banking experience and expertise in commodities advisory, M&A, capital markets and financial services
▪ Mr Xie is currently a board member of Zijin Gold, one of the world’s largest gold mining companies
▪ Mr Xie’s appointment comes as the Company looks to leverage more deeply into the Asia Pacific region and explore a potential Hong Kong listing
▪ Binding commitments received for A$12m bought deal placement lead by Evolution Capital and cornerstoned by L1 Capital (Melbourne) and Terra Capital.

Link to release: https://t.co/tQPNKsdgNJ

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH Jade Books First Ever Gas Reserve in Mongolia.

▪️The Mongolian Minerals Council has approved Jade Gas’ maiden reserves in accordance with Mongolian regulations
▪ Represents the first ever approval of natural gas reserves in Mongolia
▪ Approval of the reserves enables the formal lodgement of the Plan for Development and Operations (PDO) and allows Jade Gas to apply for a Production Licence
▪ Confirms a major step forward in de-risking and value accretion for the TTCBM Project
▪ Significant progress on project partnerships following recent board visit to Asia.

Link to release: https://t.co/d2HeHz23EF

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH Completes First Step Toward #Gas Production Licence.

▪️Marking a major milestone for the Company, Jade receives approval for its Appraisal Report over the TTCBM Project from the Mongolian Regulator
▪️Approval enables the formal process of reserve booking and registration with the Mongolian Minerals Council (MRC)
▪️Following confirmation of reserve booking, the Plan for Development of Operations (PDO) can be submitted, followed by the gas production licence application
▪️The Company continues positive commercial discussions as it focuses on transition to development of Mongolia’s first significant gas operation.

Link to release: https://t.co/Ri4I9nSwhd

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH raises A$1.8m to Deliver Mongolia’s First #Gas Operation.

▪️Firm commitments received for A$1.8 million at A$0.03 per share in a well-supported Placement to existing sophisticated investors
▪ Funds will primarily be used to support commercial and strategic initiatives to deliver commercial gas production from the Red Lake #gasfield
▪ Company well capitalised to deliver further key value #milestones in the short-term to advance initiatives designed to support its planned substantial #gasoperation.

Link to release: https://t.co/bNMF8cQNih

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH confirms major Project milestone achieved with conclusion of Appraisal Program.

▪️Major milestone delivered for the TTCBM Project and for Mongolia as it looks to deliver a new domestic source of cleaner energy
▪️Appraisal Program has concluded with gas reserve booking soon to be lodged
▪️The Mongolian Minerals Council (MRC) will then assess to validate and register Jade’s maiden gas reserve
▪️Once the reserve booking is confirmed, the Plan for Development of Operations (PDO) can be submitted with gas production license submission to follow
▪️Approval of Jade’s PDO will mitigate financial and technical risks, ensure regulatory compliance in Mongolia, and maximize the economic recovery of resources
▪️The Company continues positive commercial discussions to advance development pathways designed to support its planned substantial gas operation.

Link to release: https://t.co/UHnwbbtAeo

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH delivers its monthly operations report for January, outlining gas production activities at the Red Lake Gasfield in the South Gobi region of Mongolia.

▪️Uninterrupted gas flow continues from both horizontal production wells
▪️Total gas production increased 22% month-on-month
▪️Aggregate flow rate at the end of the month of 1,695m3 with over 215,000m3 gas produced to date
▪️The appraisal phase of Red Lake is nearing completion and will support the project’s maiden gas reserves
▪️Following the booking of the Company’s maiden gas reserves, submissions of the Plan for Development of Operations (PDO) and production license are expected to follow.

Link to release: https://t.co/Om2cylAQHB

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH delivers its monthly operations report for December, outlining gas production activities at the Red Lake Gasfield in the South Gobi region of Mongolia.

▪️ Production well management resulted in temporary reduced rates of gas flow
▪️Successful well management was undertaken to protect well integrity and to increase flow rates smoothly
▪️During the well management process the aggregate flow rate was deliberately maintained to around 700m3 per day increasing to 1,542m3 per day by month end and continues to increase
▪️Volume of gas produced continues to approach the required volume to enable displacement of diesel fuel currently powering site operations.

Link to release: https://t.co/OCfingC8qw

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH to upgrade power infrastructure to add redundancy at site operations.

Work continues to transition primary power source from diesel to cleaner and cheaper gas delivered from current production wells to power site operations.

Link to release: https://t.co/4vwqjhh0Up

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH confirms High Gas Purity supporting commercial development pathways.

▪️#Gas composition analysis confirms exceptionally high #methane content (>97%) with very low carbon dioxide levels (<1%)
▪️Results demonstrate high quality gas profile which supports the Company’s primary high-margin #LNG customer market opportunity
▪️The outcome also provides Jade with optionality for the potential to supply additional markets as a key chemical #feedstock.

Link to release: https://t.co/CCCQE20uBk

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH delivers its monthly operations report for November, outlining gas production activities at the Red Lake Gasfield in the South Gobi region of Mongolia.

▪️ #Gas production rates continue to increase month-on-month
▪️Total gas #production for the month increased 18% over the previous month
▪️Aggregate flow rate at the end of the month 1,696m3 - a 10% increase above the average daily rate
▪️Flow rates now approaching sufficient volume to enable displacement of #diesel fuel powering site #operations.

Link to release: https://t.co/yjH3hlclPU

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH signs $70m LOI with leading Chinese gas equipment manufacturer, LANGRUN, for non-dilutive project financing over the first stage of Jade’s Phase 1 LNG Project development.

▪ The deal contemplates financing of up to US$46m (A$70m), with key aspects including:
– Drilling and production operations for the next 18 wells at the Red Lake gasfield;
– Surface facilities to gather, process, and liquify the gas into a saleable LNG product;
– A low upfront capital outlay option, to be funded by future Jade revenue; and
– Potential to expand the terms to accommodate all 175 Phase 1 gas production wells.

▪ CBM project financing of this nature accelerated Qinshui basin development in China

▪ The collaboration aims to leverage Langrun’s mid-stream gas processing expertise to optimise gas production for faster access to customer markets and ultimately early revenue.

Link to release: https://t.co/GJyFnUwsrU

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH delivers its monthly operations report for October, outlining gas production activities at the Red Lake Gas Field in the South Gobi region of Mongolia.

▪️Gas production rates continue to increase month-on-month
▪️Total gas production for the month increased by 19% over the previous month
▪️Field Development Plan (PDO) and the Economic Study progressing positively

Link to release: https://t.co/Jyb8a6D712

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH appoints Chris Newport as Managing Director.

▪ Appointment strengthens corporate and industry capability ahead of first #gas #production
▪ Mr Newport has extensive corporate experience in global upstream, midstream & downstream #energy businesses development
▪ The appointment will support the establishment of Jade’s gas operation in #Mongolia as the Company migrates from gas explorer to gas producer.

Link to release: https://t.co/7YKlMzcfpz

#cleanerenergy #ASX #ASXnews ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH receives commitments for $5 million at $3.5c per share in a well-supported Placement to new and existing sophisticated investors.

▪ Funds will primarily be used to support the Company’s strategic initiatives for first commercial revenues from the Red Lake gas field.

▪ In addition, a Share Purchase Plan (SPP) to raise up to $2.1 million to be launched in October 2025.

Link to Release: https://t.co/lJpZT8g93q

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH delivers its monthly operations report for September, outlining gas production activities at the Red Lake Gas Field in the South Gobi region of Mongolia.

▪️Gas production continues to build in line with expectations, with average daily gas flow rates significantly increased by 246% month on month
▪️Flow rates expected to demonstrate a very high margin gas operation
▪️Commercial flow rates will also enable the completion of a Field Development Plan (PDO) and Economic Study.

Link to Release: https://t.co/iyaKEB0dZa

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH secures first LNG gas sale agreement with UB Metan LLC - Mongolia’s largest importer of natural gas products.

▪️Confirms Jade’s business model as fully-integrated wholesaler of LNG
▪️Important catalyst to support the following ongoing initiatives:
- Imminent Field Development Plan (PDO) and Project economic studies;
- Partner discussions;
- Debt and vendor financing options; and
- Potential dual listing on Hong Kong Stock Exchange.
▪️Confirmation of increasing flow rates expected in the short term to enable PDO completion.

Link to Release: https://t.co/B9CiEauFX0

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH delivers its monthly operations report for August, outlining gas production activities at the Red Lake Gas Field in the South Gobi region of Mongolia.

Link to Release: https://t.co/Fu7eGDlpMF

#cleanerenergy #Mongolia #energy ASX.JGH #invest

[Jade Gas @jade_gas]

$JGH maintains continuous gas flare from both production wells at the Red Lake Gasfield.

Measurement of gas flow rates ongoing with the Company expecting to confirm commercial rates of gas production shortly.

#cleanerenergy #gasflow #Mongolia #energy ASX.JGH #Invest

[Jade Gas @jade_gas]

$JGH to power planned site operations using early gas flows at the Red Lake Gasfield.

▪️Represents an important symbol for the opportunity to displace diesel for lower carbon intensity gas energy

▪️Gas flow rates from first production wells are exceeding expectations which will support the near complete Plan for Development for Operations (PDO)

▪️Commercial initiatives to support substantial gas operation in train with first off-take arrangements expected in the short term.

Link to Release: https://t.co/LxGnpbamUH

#cleanerenergy #gasflow #Mongolia #energy ASX.JGH #Invest