High-Growth
Energy Platform
in Latin America

Sinú-9 is a large hydrocarbon field located in the Sinu San Jacinto basin, connected into the Promigas pipeline providing direct access to the coastal urban and industrial areas in the north of Colombia. The field has total gross proven plus probable (2P) and proven plus probable plus possible (3P) reserves of respectively 181.4 Bcf and 393.8 Bcf as of December 31, 2025. The block is fully permitted with Environmental Approval granted by the National Authority of Environmental Licences (ANLA) to drill 22 wells from 11 locations.

NGE successfully closed two transactions with: (1) Etablissements Maurel & Prom S.A. for the sale of a 40% operating working interest in the Sinú-9 Block for total cash consideration of US$150 million; and (2) the minority partners at the Sinú-9 Block, together with Maurel & Prom, for the acquisition of a collective 28% working interest in the Sinú-9 Block. As a result of the closing of the Sinú-9 Transactions, NGE now holds a 39% non-operating working interest and Maurel & Prom holds a 61% operating working interest in the Sinú-9 Block.

The Joint Operation for the Sinú-9 Block, operated by Etablissements Maurel & Prom S.A., is advancing a drilling campaign of six firm wells and two contingent wells as the partners endeavour to meaningfully add natural gas production to Colombia’s under-supplied marketplace. This aligns with infrastructure expansion at the block in partnership with INFRAES S.A.S E.S.P., where commissioning of the initial loop of the pipeline is complete and transportation capacity is 40–45 MMcf/d.

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Maria Conchita is NG Energy’s first producing gas field, located in the Department of La Guajira. The field has processing, treatment, compression and transport capacity of up to 30 MMcf/d gross (24 MMcf/d net to NGE) and benefits from secured 3-5 year take-or-pay gas sales contracts covering the first 15 MMcf/d of gross production, with all incremental volumes sold into the Colombian spot market at a premium to contracted pricing. Production is drawn from the Aruchara well series, which the Company continues to develop through an ongoing drilling and workover program.

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