Jade Gas (ASX:JGH) completes drilling campaign in Mongolia's South Gobi region

Jade Gas Holdings completed its drilling campaign at the Baruun Naran coal field in Mongolia's South Gobi region.

The campaign yielded gas-bearing coal intersections, enhancing prospects for future gas production activities.

Jade Gas drilled seven wells in total, with standout intersections including 49.85m of gassy coal in well BNG-7 and 45.32m in well BNG-4.

The company plans to apply for a production sharing agreement over the BNG permit area, which will provide long-term security and enable advanced appraisal and pre-development activities.