Fueling Colombia's
Clean Energy Transition

It is clear that switching between unabated consumption of fossil fuels, on its own, does not provide a long-term answer to climate change, but there can nonetheless be significant CO2 and air quality benefits, in specific countries, sectors and timeframes, from using less emissions-intensive fuels.
Since 2010, coal-to-gas switching has saved around 500 million tonnes of CO2 – an effect equivalent to putting an extra 200 million EVs running on zero-carbon electricity on the road over the same period.” 

Overview of NGE's Colombian
Natural Gas Blocks

  • Strong de-risked asset base in well known producing areas

  • Located in stable areas of the country

  • Close to significant national infrastructure

MARIA CONCHITA (80% WI)

  • 2P Reserves of 27.7 Bcf
  • Best Estimate Gross Prospective Resources (prospects) Unrisked 155.9 Bcf (Risked 31.4 Bcf)
  • Tested 7-11 MMcf/d through separate DST tests in 3 different zones with 48/64” choke on Aruchara-1
  • Q4-21: Complete pipeline connecting Maria Conchita to national infrastructure

SINU-9 (72% WI)

  • Best Estimate Contingent Resources of 37.0 Bcf
  • Best Estimate Prospective Resources (Prospects) Unrisked of 602.2 Bcf (Risked 182.4 Bcf) and Prospective Resources (Leads) of 459.0 Bcf
  • Binding offer for $27.7 million financing to construct & complete initial four-well drilling program:
    • Q4-21: Drilling of Magico and Mago wells
    • Q4-21: Production tests through temporary facilities begins at Magico and Mago and design of permanent production facilities

TIBURÓN (10-40% WI)

  • Blue sky exploratory asset with excellent natural gas exploration potential; NG intends to shoot seismic and possibly farm out
“Natural gas supports the integration of variable renewable electricity generation because it can quickly compensate for dips in solar or wind power supply and rapidly respond to sudden increases in demand. Natural gas is a good partner for hydropower, providing a secure electricity supply when there is insufficient rainfall.” 

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Latest News

NG ENERGY ANNOUNCES UPSIZE TO PRIVATE PLACEMENT FINANCING TO $8M
October 8, 2021
Learn More
NG ENERGY ANNOUNCES $7 MILLION FULLY SUBSCRIBED FINANCING TO ACCELERATE DEVELOPMENT OF SINU-9 AND MARIA CONCHITA
October 7, 2021
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