MELBOURNE, AUSTRALIA: Jade Gas Holdings (ASX:JGH) has appointed Mr Chris Jamieson as the Company’s Chief Executive Officer, commencing 16 December 2021, to lead the development of the Company’s flagship TT Coal Bed Methane Gas Project in the South Gobi Basin in Mongolia.
Chris Jamieson has broad experience in the oil and gas sector having spent over seven years at ASX listed Beach Energy Ltd. Chris held various roles at Beach Energy Ltd, including Group Executive – External Relations, a role which had oversight of all external and internal communications, with a prime focus on the institutional and retail investor communities.
Prior to working at Beach Energy Ltd, Chris worked in corporate finance at Ernst & Young for nine years in Adelaide, London, and San Francisco, as well as seven years in the mergers and acquisitions group at Normandy Mining Ltd, Australia’s largest gold miner at the time.
More recently Chris co-founded Jamieson Piper, a capital markets and investor relations firm that serviced clients across a range of industries including oil and gas, mining and manufacturing.
Chris holds a Bachelor of Commerce from the University of Adelaide, as well as a number of post graduate qualifications including a CPA, graduate diploma of Applied Finance and Investment (FINSIA), graduate diploma of Wine Business (University of Adelaide) and diploma of Investor Relations (AIRA).
As CEO, Chris will be responsible for and manage all aspects of the Company’s flagship TT CBM Project in the South Gobi Basin in Mongolia. One of the key goals of this Project is to deliver a cleaner energy mix to the country of Mongolia and its people through the production of indigenous natural gas as a substitution for coal and imported electricity.
Chris joins the Company at a pivotal time to bolster the management team ahead of the upcoming six well program at the TT CBM Project, led by Jade’s General Manager of Technical, Mark Pitkin. Mark is a reservoir engineer, with almost 30 years of experience in the oil and gas industry, who most recently worked as the General Manager of Development for Beach Energy Ltd’s South Australian and Western Australian assets.
Mark has extensive CBM experience and was Origin’s subsurface development engineer for the Spring Gully CBM Field.
This project went from a five-well pilot to gas production of 10 PJ per annum, which formed a key part of the full field development plan for the more than 1 Tcf field. Mark also stewarded Beach Energy Ltd’s Tipton West CBM technical position during the successful sale process to Arrow Energy.
The upcoming drilling program is fundamental to the Company’s obligations under the CBM Exploration Plan for Year 1 that was approved by the Mongolian regulator, the Mineral Resources and Petroleum Authority of Mongolia earlier in the year.
The program builds on the successful eight well program that Jade Gas Pty Ltd completed whilst a private company in CY2019, prior to its acquisition by the Company.
Commenting on his appointment, Mr Jamieson said: “I am delighted to be taking on the leadership role at Jade, which has the potential to not just develop a substantial energy asset, but also be part of the transformation of a country’s energy needs.
Jade, through its partnership with the Mongolian government, is uniquely positioned to support cleaner energy options for Mongolia and its people. Our highly-capable team, both in Mongolia and here in Australia, is about to embark on a six well program, with the ultimate goal being the commercial production of natural gas from the TT CBM Project.
I am incredibly excited by the opportunity to lead the Jade team, and look forward to executing on our plans to deliver value for all stakeholders.”
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