Jade Gas Holdings Limited (ASX:JGH)
Jade Gas Holdings Limited (ASX:JGH) is a gas exploration company focused on the coal bed methane (CBM) potential of Mongolia.
Jades flagship project is the Coal Bed Methane gas project over the Production Sharing Agreement (PSA) area of Tavantolgoi XXXIII unconventional oil basin, (TT CBM Project).
Jade will operate and manage the project through its subsidiary Methane Gas Resource LLC (MGR), a joint venture company (JV) partnering with Erdenes Methane LLC(EM), the representative of the Mongolian Government.
The JV was formed with the intention to explore, develop and produce gas from the TT CBM Project located in the South Gobi region of Mongolia.