Jade Gas Holdings Limited (AU:JGH) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
For further insights into AU:JGH stock, check out TipRanks’ Stock Analysis page.