Jade Gas Holdings Ltd (ASX: JGH) — Company Overview, News & Financial Data
Jade Gas Holdings Ltd is a gas exploration company focused on evaluating and developing coal bed methane resources in Mongolia.
JGH Jade Gas Holdings Ltd
Company profile
Jade Gas Holdings Ltd
Jade Gas Holdings Ltd is a gas exploration company focused on evaluating and developing coal bed methane resources in Mongolia. The company's primary operational focus is a Production Sharing Agreement in the South Gobi basin, where it conducts drilling, core testing, and pilot production trials to establish commercial gas flows. Aligned with Mongolia's national energy transition, the business aims to supply domestic natural gas to regional power projects and the capital city of Ulaanbaatar, reducing reliance on imported electricity and coal-fired energy with local domestic gas production.
Snapshot
Public AUOwnership
1994Year founded
11–50Employees
Kent Town, AustraliaHead office
Products and/or services of Jade Gas Holdings Ltd
- Coal Bed Methane Exploration: Focuses on evaluating and developing primary coal bed methane gas assets within a Production Sharing Agreement area across the South Gobi basin, conducting pilot production testing to evaluate gas flow rates and commercial feasibility.
- Regional Prospecting Expansion: Conducts exploratory activities across adjacent coal basin permit areas in southern Mongolia, undertaking core drilling, gas content sampling, and permeability assessment to expand technical coal bed methane resource estimates.
- Domestic Natural Gas Supply: Plans infrastructure and supply chain logistics to deliver domestic natural gas directly to industrial customers and capital city municipal markets, aiming to replace imported fuels with locally produced gas.
- Gas-to-Power Generation Development: Evaluates commercial power generation initiatives using natural gas from local wells to supply regional mining infrastructure, localized power grids, and domestic electricity networks to reduce reliance on coal power.
- Deeper Unconventional Petroleum Target Evaluation: Conducts geophysical appraisal and deeper well exploration to evaluate conventional and unconventional gas potential residing beneath shallower coal seams within southern Mongolian sedimentary basins.
- Subsurface Core Drilling and Testing: Performs extensive core drilling operations, desorption analysis, hydraulic fracture stimulation, and extended production testing across South Gobi coal fields to quantify gas-in-place volumes and reservoir characteristics.