SINU-9

The Sinu-9 Block covers an area of 126,925 Ha and is located in the north part of Colombia sharing area in Lower Magdalena and San Jacinto basins, two of the basins with the largest gas and light oil potential in the country. The region has excellent infrastructure with open access to national oil and gas pipelines, 50km port access, and coverage of a reliable electricity grid. The Property boasts a best case management estimate for 1TCF of natural gas which would share the same trend of production from Canacol’s blocks located to the East. NG Energy has secured financing and identified four high probability drilling locations for a 2021 Spring/Summer exploration program.