Investors
Investment Highlights:
De-Risked High-Quality
Asset Base
- Maria Conchita – production ramping from 3 MMSCFPDto 16MMSCFPD from Aruchara-1 with further field development ongoing
- SINU-9 – gas discovery at Magico-1X with significant exploration upside – Brujo-1X and Herchicero-1X to be drilled in Q3 and Q4 2022
- Tiburon – blue sky exploration
Highly Experienced
Management Team
- Extensive prior experience operating in Colombia and South America
- Current executives at Gran Colombia Gold and former executives of 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
- Advanced negotiations to lock in fixed pricing of >US$5.00/Mcf for 5+ years
Share Info
125.3M
Issued & Outstanding
12.5M
Options
21.7M
Warrants
14.0M
Convertible Debenture
173.5M
Fully Diluted
44%
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 RESERVES AND RESOURCES RESULTS ON THE MAGICO-1X WELL IN SINU-9 BLOCK
September 2, 2022NG ENERGY ANNOUNCES 38,300 SHARES PURCHASED UNDER NCIB
August 15, 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