Highlights
- Chris Newport appointed as Managing Director
- Appointment strengthens corporate and industry capability ahead of first gas production
- Mr Newport has extensive corporate experience in global upstream, midstream & downstream energy businesses development
- The appointment will support the establishment of Jade’s gas operation in Mongolia as the Company migrates from gas explorer to gas producer.
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Jade Gas Holdings Limited (ASX:JGH) (Jade or the Company) is pleased to announce it has appointed Chris Newport as its Managing Director, effective November 10, 2025.
Mr Newport is a prominent oil and gas senior executive having worked over 40 years in business development and executive roles including at BHP Petroleum, Santos, Gulf Indonesia, Amerada Hess, NuEnergy Gas and others. Most recently, Chris has recently been advising on strategic and commercial development for a private Coal Bed Methane (CBM) company in Mongolia. Chris is a global energy developer with experience in commercializing and developing oil and gas resources, building frontier energy markets and securing financial commitment to investment in infrastructure and field developments.
Chris has had significant exposure to coal bed methane since 1987 in the Sydney Basin, the Bowen Surat Basin (Moura and GLNG) and in Sumatra, Mozambique, Malawi and Tanzania. During his career Chris has also had experience dealing and negotiating with governments, super majors and junior explorers alike and worked with many and varied cultures and fiscal systems. His career deal experience includes involvement in over $40b of gas market transactions, covering CBM, Liquified Natural Gas (LNG), joint venture and
processing agreements, pipeline and gas-to-power projects.
This experience is key in the next stage of Jade Gas’s development for the TTCBM project. The Company believes he is well credentialed to drive Jade towards revenue pathways and to build strong technical and commercial foundations for future business growth that will ultimately establish the TTCBM Project into a regionally significant energy project.
Chris is a Petroleum Economist, Chartered Accountant, long standing member of the Association of International Energy Negotiators and holds a Bachelors Degree in Economics from the University of Adelaide.
With the appointment of Chris as Managing Director, he will replace Mr Chris Whiteman who had been Interim CEO. The Company thanks Mr Whiteman during his interim role as CEO. Jade would also like to advise that board member Ms. Uyanga Munkhkhuyag is currently on maternity leave.
The key terms of Mr Newport’s appointment are set out in Appendix A of the ASX release.
Commenting on the appointment, Jade Executive Director, Joe Burke, said:
“The Board is extremely pleased to make this important appointment for the Company. We are confident that Chris’s extensive experience of commercialising energy projects in the Asian region will position the Company to execute on the many commercial options in front of us. The Board looks forward to working with Chris as we execute on our strategy and deliver long-term value for shareholders.”
Incoming Managing Director, Chris Newport, added:
“It’s an honour to be joining Jade Gas at this critical and most exciting time in the development of the Company. I’ve lived and worked extensively throughout Asia in my career with a focus on the CBM industry. I see Jades TTCBM project as the most compelling opportunity I have come across. The gas resource is defined and significant, continuous gas flow has been established, and we are on the doorstep of one of the world’s largest and fastest growing gas markets. I am looking forward to working with the team at Jade that has done such an impressive job so far in taking this project from exploration to pre-development phase in such a short time.”
Link to ASX Release: https://bit.ly/4ouW1KT
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