Mongolia Energy (OTCMKTS:MOAEF) is an exploration and development company focused on advancing energy resource projects in Mongolia. The company’s primary activities center on the exploration and production of coal bed methane (CBM) and conventional hydrocarbons. Operating under multiple Production Sharing Contracts (PSCs) and exploration licenses, Mongolia Energy aims to unlock the substantial natural gas potential of basins in eastern and southern Mongolia, positioning itself as a key participant in the region’s emerging energy sector.
The company’s flagship projects include a series of CBM concessions in the Dornod, Sainshand, and Altan Ovoo regions of eastern Mongolia, where pilot wells and early-stage production tests have been completed. In addition to its CBM portfolio, Mongolia Energy holds conventional oil and gas permits in the Gobi Desert area, adjacent to major geological trends that host some of Asia’s most prolific hydrocarbon fields. By leveraging modern drilling and reservoir evaluation techniques, the company seeks to establish scalable production that can serve both domestic and export markets.
Since its founding in 2011, Mongolia Energy has cultivated relationships with regional government authorities and state-owned enterprises in neighboring China. These strategic partnerships aim to facilitate the development of gas infrastructure, including pipeline connections and processing facilities across the Mongolia–China border. The company maintains offices in Ulaanbaatar and Vancouver, supporting logistical coordination, regulatory engagement, and investor relations activities across multiple jurisdictions.
Mongolia Energy’s management team comprises industry veterans with expertise in petroleum engineering, geological evaluation, project finance, and international energy markets. The board and senior leadership have overseen numerous exploration campaigns and have deep experience in navigating Mongolia’s evolving regulatory environment. Moving forward, the company continues to advance its resource delineation efforts and pursue offtake agreements that could underpin long-term production growth.
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