Path to Commercial Gas Production

Quality Portfolio of Mongolian CBM Permits Three high quality permits covering in excess of 18,000km2 in existing coal basins Tavan Tolgoi Coal Bed Methane gas project ■ Jade (60%) is near completion of a six well drilling program at its flagship TTCBM Project in the South Gobi region of Mongolia MAP AREA RUSSIA 500 km RUSSIA Ulaanbaatar MONGOLIA Beijing Shanghai Seoul Tokyo o Irkutsk CHINA ☐ Defining coal seam extensions from the Tavan Tolgoi coal mine ULAANBAATAR MONGO Bayankhongor Shivee Gobi Saynshanda ■ Four wells completed of a six well program ◉ Up to 98% Methane, gas content of 11-15m³/t and gas bearing coals of up to 65 metres per well Shivee Gobi Permit ■ 100% ownership; permit area of 8,317 km² ■ Sizeable coal deposits and CBM potential within known coal basin Eastern Gobi Permit ☐ ■ 100% ownership; permit area 9,691 km² ■ Sizeable coal deposits and CBM potential within known coal basin Major road Major railway International airport Major mine Major city Capital city Map by flatEARTH mapping.com.au | Made with Natural Earth 2021 Dalandzadgado4 TTCBM Project Eastern Gobi Hohhot Baotou BEIJING CHINA Bohai Sea 6

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