Coalbed Methane News in Mongolia

Jade Gas Provides December 2023 Quarterly Report & Appendix 5B
1/31/2024 - ? Jade completed its 2023 Program with success across wide areas of the TTCBM Project
? Significant results during the quarter continued to highlight the massive potential for commercial scale ...
Nomgon CBM Operations Update
6/13/2023 - HIGHLIGHTS
• Bluebill-1S exploration well spudded
• Pilot production continues
• Appraisal drilling due to start soon

Elixir Energy Limited (“Elixir” or the “Company”) is plea...
Nomgon CBM Pilot Operations Update
5/15/2023 - HIGHLIGHTS
• Nomgon Pilot Project to be expanded
• Nomgon-9 well back producing after successful workover
• Exploration drilling to commence shortly

Elixir Energy Limited (“El...
Nomgon CBM Pilot Project - Operational Update
3/24/2023 - HIGHLIGHTS
• Production shut-in period shows strong pressure build-up
• Major Drilling work-over rig utilized for routine clean-up of Nomgon 8 and 9 wells
• Drilling program Tendering ...
CBM Pilot Project Passes Key Milestone
2/7/2023 - HIGHLIGHTS
• Pilot production reaches key milestone flow rate of 100,000 cubic feet per day of gas
• Stable and low water rates of 180 barrels per day
• Mongolian petroleum regulator ha...
Jade Gas Completes Second Production Test Well
12/13/2022 - ? Second of two Extended Production Test wells (Red Lake-5) completed
? Extended Production Testing planned for Red Lake-5 and Red Lake-7 in early CY2023
? Exploration drilling in the Weste...
Elixir Energy Provides CBM Operations Update
9/12/2022 - HIGHLIGHTS
• First well spudded for Nomgon Pilot Production Program
• Big Slope-1 intersects new coal accumulation
• Tender awarded to new drilling contractor with improved drilling ...
Elixir Energy Provides Operations Update
6/22/2022 - HIGHLIGHTS
• Bulag Suuj-1S discovers new coal-bearing sub-basin and appraisal now underway
• Venetian-1S exploration well recently spudded
• 2D acquisition program for the year success...
Elixir Commences 2022 Drilling Program
2/28/2022 - HIGHLIGHTS
• 2022 drilling Program commences with Tim-1S well
• 24 well program planned utilising three drilling companies
• Mongolia’s first extended pilot production program on tra...
Jade Continues to Intersect Sizeable Gas Bearing Coals
2/24/2022 - HIGHLIGHTS
? Red Lake-4 at 828 metres with 165 metres of coal intersected to date; drill stem test (DST) about to commence on seam III
o Seam IV intersected 7 metres of gas bearing coal
Jade secures Two Highly Prospective Mongolian CBM Permits Covering ~18,000 km2
2/9/2022 - HIGHLIGHTS
? Two highly prospective and sizeable coal bed methane Prospecting Agreement Permits (Shivee Gobi and Eastern Gobi) granted to Jade, covering a total area of 18,000 km2
o Both S...
Two Rigs Now Drilling at Red Lake
2/1/2022 - HIGHLIGHTS
? Red Lake-3 spudded and drilling ahead at 457 metres
? Red Lake-4 spudded and drilling ahead at 11 metres
? Coal seams of interest to be targeted at depths of between 600...
58 Metres of Gas Bearing Coal at Red Lake-1
1/14/2022 - HIGHLIGHTS
? 1,012 metres total depth reached at Red Lake-1
? All targeted coal seams of interest intersected between 730 metres to 970 metres
? ~58 metres of gas bearing coal seams ...
Jade Gas Announces September 2021 Quarterly Report
10/29/2021 - HIGHLIGHTS
- Jade Gas Holdings commenced trading on the ASX on October 4 following a successful $7.5 million capital raising
- The Company is focused on advancing its Coal Bed Methane gas ...
Elixir Energy's Nomgon CBM Project Flows Gas and Water to Surface
10/27/2021 - Elixir Energy has provided its regular operations update on the current exploration/appraisal program underway across its 100% owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC)....
Jade Gas Commences Trading on the ASX to Progress its Mongolian Gas Project
10/4/2021 - HIGHLIGHTS
- Jade Gas Holdings commences trading on the ASX following a successful $7.5 million capital raising

- Jade aims to support Mongolia’s clean energy transition by improving e...
Elixir Energy Announces Operations Update in Nomgon IX PSC
9/17/2021 - HIGHLIGHTS
- Richcairn-1S opens up another new and potentially very extensive coal-bearing basin
- Third rig being mobilized
- Nomgon Central-1 gathering data for future production tes...
Talon Energy Receives Gurvantes XXXV PSA Approval
7/12/2021 - Talon Energy Limited (Talon) is pleased to advise that it has received formal notification from Telmen Resource JSC (Telmen) that the Gurvantes XXXV coal bed methane (CBM) Production Sharing Agreement...
Talon Petroleum Secures Option for Mongolian CBM Project
2/3/2021 - Talon Petroleum has executed a binding offer letter with Telmen Resource JSC (Telmen) in respect of a farm-in for a 33% interest in the proposed Gurvantes XXXV Production Sharing Agreement (PSA), loca...
Elixir Energy Provides Operations Update
7/10/2020 - Elixir Energy Limited is pleased to provide an update on its reinvigorated field work. As recently fore-shadowed, Elixir’s second year of field appraisal and exploration work has now started. The Nomg...

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