Investors
Investment Highlights:
De-Risked High-Quality
Asset Base
- SINU-9 – Brujo-1X one of the largest gas-bearing columns ever intercepted in the Lower Magdalena basin – follows the Magico-1X discovery and will be followed by the drilling of Hechicero-1X in December 2022
- Maria Conchita – production ramping from 4 MMSCFPD to 16MMSCFPD from Aruchara-1 with further field development ongoing
- Tiburon – blue sky exploration
Highly Experienced
Management Team
- Extensive prior experience operating in Colombia and South America
- Former executives of Gran Colombia Gold (now Aris Gold), Fronterra Energy, Pacific Rubiales and PDVSA
Proximity of
Infrastructure
- Construction complete on 14 km pipeline from Maria Conchita to the TGI Main Pipeline providing access to the Colombian natural gas market
- SINU-9 is adjacent to Canacol production (the largest independent gas producer in the country), and 25 km from infrastructure
Strong Pricing with Long Term
Take or Pay Contracts
- High natural gas prices due to sharply decreasing legacy supply and increasing demand in Colombia
- State-owned utilities provide high-quality, credit-worthy counterparties for offtake agreements
- Binding LOI with Plus+ Energy SAS for firm contract at $US6.50 for 8,000 million British Thermal Units (MMBTU)
Share Info
125.3M
Issued & Outstanding
247.2M
Fully Diluted
40%
Insider Ownership
- daily
- weekly
- monthly
Analyst Coverage
ANALYST
Kirk Wilson
Roman Rossi
FIRM
Beacon Securities
Canaccord Genuity
PHONE
+1 (403) 819.5280
+1 (416) 687.5320
kwilson@beaconsecurities.ca
rrossi@cgf.com
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Latest News
NG ENERGY ANNOUNCES CLOSING OF $35,000,000 PRIVATE PLACEMENT OF SENIOR SECURED CONVERTIBLE DEBENTURE UNITS AND CFO APPOINTMENT
December 1, 2022NG ENERGY SUCCESSFULLY TESTS 11.2, 18.2 AND 21.2 MMSCF/D FROM 3 ZONES RESPECTIVELY IN THE CIENAGA DE ORO FORMATION AT BRUJO-1X
November 22, 2022
TSX.V: GASX
OTC: GASXF
FRA: 56PQ
CONTACT US
E: investors@ngenergyintl.com
P: +1-604-609-6113
NG Energy International Corp
3123 – 595 Burrard Street
Vancouver, BC V7X 1J1