SINU-9

Large Scale Exploration Potential

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.

Flagship Upside Property

  • Canacol’s block to the East has booked natural gas reserves of 559 Bcf and production of 200 MMcf/d

 

  • Hocol drilled the Arrecife well on its property to the south-west of NG Energy. Test results showed gas production of 3-10 MMcf/d with no production of water

 

  • The Area has excellent infrastructure with open access to national oil and gas pipelines, and coverage of a reliable electricity grid

Phase 1 Exploration

1. Magico

• New drill
• Scheduled for Q2 2021

2. Mago

• New drill
• Scheduled for Q2 2021

3. Hechicero

• New drill
• Timing TBD

4. Hechizo-1

• New drill
• Timing TBD

TSX.V: GASX
OTC: GASXF
FRA: 56PQ

CONTACT US

E: investors@ngxenergyintl.com
P: +1-604-609-6132

NG Energy International Corp
3123 – 595 Burrard Street
Vancouver, BC V7X 1J1