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Jade confirms gassy coal in four wells in Mongolia

AFTER flaring gas from its two wells at the Red Lake project in Mongolia last month, ASX-listed Jade Gas this week told its shareholders it found gas-bearing coals when its four wells reached total depth.

Yiying Li
Jade confirms gassy coal in four wells in Mongolia

The gassy coals were encountered at 18.3 metres at Red Lake-8, 41.9 metres of Red Lake-9R, 44.2 metres of Red Lake-10 and 16.1 metres of Red Lake-11, the company said.  Jade said the drilling results...

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