Path to Commercial Gas Production
Investment Highlights
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COMPELLING
OPPORTUNITY
TO DEVELOP NEW
GAS ASSETS
Targeting natural gas
from three coal
seams of interest at
TTCBM Project, with
a Prospective
Resource of 1.0 Tcf
of gas.
DEFINED WORK
PROGRAM
CURRENTLY
UNDERWAY
Six well drilling
campaign to deliver
contingent resource
booking and followed
by pilot production
program.
NEW PERMITS
ADD SCALE TO
EXISTING TTCBM
PROJECT
New permits located
over existing coal
deposits provide
significant upside to
CBM exposure and
potential.
MONGOLIAN
ENERGY MARKET
POSITIVE
TAILWINDS
Mongolian Govt
determined to build a
domestic gas market
to deliver an
independent and
cleaner source of
energy for its people.
TEAM IN PLACE
WITH THE RIGHT
EXPERIENCE TO
DELIVER
Small and
experienced team
confident of
delivering game
changing first gas
production for
Mongolia.
STRATEGIC
PARTNERSHIP WITH
MONGOLIAN
GOVERNMENT
Partnerships with
regulator MRPAM
(PSA), and SOE
Erdenes Methane LLC,
reflects strategic
importance of TTCBM
Project.
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