Tiburon
The Tiburón block is in the Upper Guajira on Colombia’s Caribbean coast and belongs to the same basin as the Chuchupa block to its south, one of the most prolific gas blocks in Colombia. Tiburón holds various similarities to the massive offshore Perla and Orca discoveries in Venezuela and Colombia. The team intends to shoot a seismic survey and then evaluate next steps. Due to the high scale nature of the territory, management will most likely consider a farm-in partner to help develop the block

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NG ENERGY ANNOUNCES FURTHER CLOSING OF FULLY MARKETED PROSPECTUS OFFERING FOR AGGREGATE GROSS PROCEEDS OF $100,000 AND EARLY WARNING REPORT FILED BY MR. SERAFINO IACONO
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