Jade Gas Holdings Limited · ASX:JGH
Jade Gas — Investor Presentation (April 2026)
21 slides from Jade Gas's investor presentation, April 2026
Slide 1: Near term high margin gas producer
Near term high margin gas producer ASX.JGH Corporate Presentation April 2026
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Jade Gas Holdings Limited (Jade or the Company), with the purpose of providing general information about the Company. This presentation contains certain statements which may constitute “forward-looking statements”. Such statements are only prediction
Slide 3: Introduction - Why Jade ?
Introduction - Why Jade ? Near term high margin gas opportunity Field development ready gas project Potential for very high margin and significant gas operation given location and energy costs Positive market tailwinds from structural Energy price upside Off-take agreement executed with Mongolia’s l
Slide 4: Corporate Overview
Corporate Overview $0.049 Board of Directors ASX:JGH 1,911M Chris Newport Managing Director & CEO Share Price Shares on Issue Joseph Burke Executive Director as at 22 April 2026 Dan Eddington Non-Executive Director Cash and cash available Dr. Ian Wang Non-Executive Director $94M Cash at bank as of 3
Slide 5: Project Overview
Project Overview R U S S I A Near term high margin gas producer ● Jade has delineated a CBM gas resource over a 40km strike in the South Gobi region of Mongolia ● First two production wells online August 2025 ● Initial off-take contract signed for minimum 20% of volume at over BNG Project US$20/GJ*
Slide 6: Corporate Overview - Jade Mongolian CBM Assets
Corporate Overview - Jade Mongolian CBM Assets TTCBM BARUUN NARAN Red Lake Gas field (Flagship) Project/s BNG Vista | Brownhill Ownership 60% 66% Mongolia Mining JV Partner Erdenes Mongol LLC Corporation HK Contract Production Sharing Agreement Prospecting Agreement Permit size 664.3 km2 40 km2 Stag
Slide 7: Red Lake CBM - Field Overview
Red Lake CBM - Field Overview • One of the worlds largest coal deposits Red Lake CBM field contains over an estimated • Jade has excellent geological control & dataset 7 Billion tonnes of coal seams between 200 and • +165 intersections 600 metres deep • 28 gas content wells • 2D seismic grid • Ongoi
Slide 8: Red Lake CBM - PDO Ready for Submission
Red Lake CBM - PDO Ready for Submission With approval of Appraisal Report and MRC Reserves the Company will proceed to submit the PDO Plan for Development and Operations: • Detailed field development plan • Full subsurface design basis • Extraction technology Seam IIIb development locations- overlyi
Slide 9: Red Lake CBM - Adjacent to Major Mines & China
Red Lake CBM - Adjacent to Major Mines & China • 5km from Tavan Tolgoi & Baruun Naran operating coal mines • 15km from UB Metan Truck LNG re-fueling station at Tavan Tolgoi • 60km south-east of Kharmagtai Gold Project (in development) • 130km west of Rio Tinto Oyu Tolgoi Copper / Gold Project • 200k
Slide 10: Red Lake CBM – Energy Pricing Tailwinds
Red Lake CBM – Energy Pricing Tailwinds Positive market tailwinds with respect to securing stable Energy supply Geopolitical Supply Shock Driving Higher Prices Gas & LNG Markets Tightening Disproportionately Energy Assets Benefiting on Security of Supply Jade’s TTCBM Gas Project with near-term produ
Slide 11: Red Lake CBM - Well Positioned for Development
Red Lake CBM - Well Positioned for Development Reserves Certification Pathway: Jade is on the pathway for Red Lake Appraisal Program completion approval, reserves certification by the Mongolian Resource Council & approval of the Plan of Development & Operations - all targeted within H1 2026. These a
Slide 12: Red Lake CBM – Development Pathway in Progress
Red Lake CBM – Development Pathway in Progress Modular execution strategy to reduce capex, limit dilution and maximise shareholder returns KEY MILESTONES DELIVERED Key Catalysts to Support Development Pathway 1H CY2026 2H CY2026 / 27 MRC Reserves Exploitation License Regulator Approval Initial devel
Slide 13: Summary
Summary Near term high margin gas opportunity Field development ready gas project Potential for very high margin and significant gas operation given location and energy costs Positive market tailwinds from structural Energy price upside Off-take agreement executed with Mongolia’s largest LNG/NCG ret
Slide 14: Jadegas.com.au
Jadegas.com.au Jade Gas Holdings Limited asx.JGH ACN 062 879 583 Level 1, 66 Rundle Street KENT TOWN SA 5067 Australia Chris Newport Joe Burke Elvis Jurcevic Chief Executive Officer Executive Director Investor Relations cgn@jadegas.com.au jburke@jadegas.com.au ej@jadegas.com.au
Slide 15: APPENDIX
APPENDIX
Slide 16: Results to Date
Results to Date Targeting three coal seams BARUUN NARAN TTCBM of interest – IV, III and 0 BNG BROWNHILL VISTA RED LAKE Coal Age Permian Permian Permian Permian Coal Thickness 65 - 131m 53 - 68m 31 - 102m 54 - 193m Gassy Intersection 19 - 105m 33 - 42m 40 - 61m 11 - 128m Average gas depth 453 - 519m
Slide 17: Mongolia Needs A New Domestic Energy Industry
Mongolia Needs A New Domestic Energy Industry Mongolia is a net importer of energy with heavy reliance on China and Russia Gas is critical to combat GHG Emissions driven by Energy and Agriculture sector demand Energy ▪ Mongolia is an Energy Importer, with electricity largely imported IPPU from China
Slide 18: Gas Flowing and Preparing for Initial Production
Gas Flowing and Preparing for Initial Production Successfully drilled and completed Mongolia's first horizontal CBM production wells * RL-Hz-002 RL-Hz-001 TOTAL Length (mMD) 1,567m 1,507 3.074m Lateral Section (m) 711m 902m 1,613m Coal Intersected (m) 699m 802m 1,501m Net Coal Pay 98.6%m 88.9% 93% W
Slide 19: Gas Flowing and Preparing for Initial Production
Gas Flowing and Preparing for Initial Production Gas production increasing Continuous flow leading to commercial rates m3 water m3 gas/d m3 JUN JUL AUG SEP Total Gas Produced 0.0 0.0 7,969 33,142 Water Production Average Daily Gas 0.0 0.0 318.8 1,104.7 Water Production 451.8 1,831.7 1,765.3 1,351.3
Slide 20: Near-Term Revenue Potential
Near-Term Revenue Potential Visible and nearby customer markets underpin a commercial business model PRIMARY CUSTOMER MARKET SECONDARY MARKETS Jade intends to initially pursue Advantages of targeting LNG/CNG markets: Nearby mining Operations LNG & CNG the LNG and CNG customer • product that is in gr
Slide 21: Initial LNG Sales Agreement in place
Initial LNG Sales Agreement in place Foundation LNG off-take agreement signed with Mongolia’s largest retailer of LNG* • UB Metan LLC • Initial term of 5 years possibility to extend • Significant shareholder in Jade since inception • Currently importing LNG from Russia • Reference price linked to UB
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