Jade Gas Holdings Limited (AU:JGH) has released an update.
Jade Gas Holdings Limited has announced the successful completion of its drilling campaign in the Baruun Naran area, delivering promising gas results with significant coal intersections, indicating potential for resource upgrades and a Production Sharing Agreement. With seven wells drilled, the company reinforces its presence in Mongolia’s South Gobi region and aims to accelerate gas production activities, particularly at the nearby Red Lake field.
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