NG Energy International Corp.

VANCOUVER, BC, Feb. 8, 2024 /CNW/ - The following issues have been halted by CIRO Company: NG Energy International Corp. TSX-Venture Symbol: GASX All Issues: Yes Reason: Pending News Halt Time : 2:39 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]

The Company has obtained financing from Macquarie Group of up to US$100 million with an initial advance of US$40 million resulting in reduced company leverage, a fully funded development plan and additional available committed liquidity for future development. NG Energy welcomes a key global financial institution as a strategic stakeholder to provide support for rapid growth. Brian Paes-Braga appointed CEO; former CEO [...]

NG Energy International Corp. is pleased to announce that all of the resolutions considered at the Company's annual general and special meeting of shareholders held on January 15, 2024 were approved by the Company's shareholders. At the Meeting, the Company's shareholders approved resolutions: fixing the number of directors comprising the Company's board of directors for the ensuing year at eight ; electing Brian [...]

314% increase to 2P reserves to Company gross 161.6 BCF for before tax NPV10 of US$259.7 million 551% increase to 3P reserves to Company gross 304.8 BCF for before tax NPV10 of US$466.8 million Company gross unrisked best estimate contingent resources of 195.8 BCF for before-tax NPV10 of US$148.4 million Company gross unrisked best estimate prospective resources of 184.0 BCF for before-tax NPV10 of US$300.5 million [...]

NG Energy International Corp. is pleased to announce that it has signed long-term take-or-pay contracts with Vanti S.A E.S.P , Gases del Caribe S.A E.S.P and Gases del Occidente S.A E.S.P commencing December 1, 2023, for a duration of three years; the Company has also commenced realizing sales of natural gas at prices ranging from $7.70 per Mcf to $8.20 per Mcf from Maria Conchita. The Company expects to sign two [...]

Phase 1 commenced: On schedule to deliver 30 MMcf/d from Sinu-9 in H1, 2024 Additional 10MMcf/d to come online at Company's election, expected in H2, 2024 Critical infrastructure agreements finalized, unlocking one of Colombia's most important onshore gas fields NG Energy International Corp. is pleased to announce that, further to the Company's press release on September 28, 2023, it has signed definitive agreements with [...]

TORONTO, Nov. 22, 2023 /CNW/ - NG Energy International Corp. is pleased to announce that the Aruchara-3 well, located in the Company's Maria Conchita block, has been granted approval from the ANH for extended production testing and is currently producing, in conjunction with Aruchara-1, at an initial baseline of 14MMcf/d from the Jimol Inferior zone. The Aruchara-3 well has significant tubing head pressure of 2,500 psi [...]

NG Energy International Corp. announces today that it has filed on SEDAR+ its interim condensed consolidated financial statements for the three and nine months ended September 30, 2023 and related management discussion and analysis for the three and nine months ended September 30, 2023. About NG Energy International Corp. NG Energy International Corp. is a publicly traded E&P company on a mission to provide a clean and [...]

In the news release, issued 24-Oct-2023 by NG Energy International Corp. over CNW, we are advised by the company that the pricing units in the third paragraph should be "per million British thermal units " instead of "per million cubic feet " as originally issued inadvertently. The complete, corrected release follows: • Aruchara-3 in process of being tied into existing production facilities • Contracts being [...]

• Aruchara-3 in process of being tied into existing production facilities • Contracts being negotiated for 3-5 years and approximately 40% increase from previous pricing NG Energy International Corp. is pleased to provide an update on production and natural gas sales. Year-to-date, gross natural gas production has averaged 6.85 million standard cubic feet per day from the Aruchara-1 well, increasing from an [...]