TSX GASX 1.02
OTC GASXF 0.71
FRA 56P 0.64
Operations

Sinu-9

Asset overview

 Basin Sinú-San Jacinto
 Working interest 39% (non-operated)
 Operator Maurel & Prom (61% WI)
 Block area 311,353 acres
 Environmental licence 22 wells from 11 locations (ANLA)
 Market access Promigas pipeline via Jobo station

Sinú-9 is a producing natural gas block of 311,352 acres in the Department of Córdoba, in the Sinú-San Jacinto basin of northern Colombia. Gas is delivered through the Jobo station into the Promigas pipeline system, which serves the urban and industrial centres of the Caribbean coast. The block holds an environmental licence from Colombia's National Authority of Environmental Licences (ANLA) to drill 22 wells from 11 locations.

In January 2026, NG Energy sold a 40% working interest and operatorship in Sinú-9 to Maurel & Prom for total cash consideration of US$150 million, and the two companies together acquired the 28% interest held by the block's minority partners. NG Energy holds a 39% non-operated working interest; Maurel & Prom holds 61% and operates the block.

Location and infrastructure

From the Sinú–San Jacinto Basin to Colombia’s Caribbean coast

Map of Colombia's Caribbean region showing SinĂº-9, regional gas demand by city and the main pipeline network

 

SinĂº-9 depth-structure map with reserves and resource outlines, the Jobo station and the Promigas pipeline

 

Operating snapshot

Q3 2026 · updated quarterly
10.3 MMcf/d Net sales volumes
US$7.95 / Mcf Realized gas price
25.0 MMcf/d Gross contracted volumes
60.0 MMcf/d Gross processing, treatment and compression capacity
40.0 MMcf/d Gross export capacity
3 Producing wells

Source: Q3 2026 MD&A, financial statements and Company press release dated November 12, 2026. Gross figures are for 100% of the block; net figures are NG Energy's working-interest share.

Reserves

CategoryNatural gas (Bcf)NPV10 (US$ million)
Proved (1P)18.728.6
Proved + probable (2P)70.7147.1
Proved + probable + possible (3P)153.6286.3

Company gross reserves at NG Energy’s 39% working interest, effective December 31, 2025, adjusted by NG Energy from Sproule ERCE’s evaluation at the 72% interest held at that date. Full details and advisories are in the year-end 2025 reserves release.

Keep up-to-date with our latest news