NG Energy International Corp.

NG Energy International Corp. is pleased to announce that, further to the Company's news release on January 4, 2022, the Glycol and Dehydration Units have arrived at site and GTX has completed the assembly of the gas plant. The plant is now mechanically ready to begin pre-commissioning and commissioning, starting with nitrogen testing in the coming days to determine if there are any leaks in the interconnections that need [...]

NG Energy International is pleased to announce that the Company has completed all civil works and laid all flow lines to connect the gas plant to the national gas transportation system and is currently completing the consultation process with the communities located in the line of the pipeline, to continue with the completion of the connection to the Transportadora de Gas Internacional main pipeline.. Assembly of the gas [...]

NG Energy International is pleased to announce that, as part of the recently announced environmental license, the National Authority of Environmental Licenses has approved the Company's petition for the drilling of 22 wells and the associated work programs for the construction of associated surface infrastructure, including roads and pads, for those wells covered within the SINU-9 environmental license. With the receipt [...]

NG Energy International Corp. was informed that Mr. Frank Giustra and his related entity acquired ownership of 666,667 common shares of the Company as a result of the exercise of 666,667 warrants of the Company. Prior to the exercise of the warrants, Mr. Giustra owned, directly or indirectly, and/or controlled an aggregate of 19,617,438 common shares, representing 16.46% of the outstanding shares, and would have owned [...]

NG Energy International Corp. is pleased to announce that it has engaged all relevant parties to commence the re-entry of Istanbul-1 and deploy de-watering capillary technology to deal with water that exists downhole from when the well was first drilled. The Company and its contractors are in the final stages of defining procedures for the ten day program, including all required approvals, and anticipate completion before [...]

NG Energy International Corp. is pleased to announce, further to the Company's news releases dated October 7, 2021 and October 8, 2021, that it has closed its non-brokered private placement of 8,000,000 units , at a price of C$1.00 per Unit, for gross proceeds of C$8,000,000. Each Unit consists of one common share and one share purchase warrant , with each Warrant entitling the holder to purchase one additional share at a [...]

NG Energy International Corp. announces that it has increased the size of the previously announced financing to C$8,000,000. The Company will issue 8,000,000 units , at a price of C$1.00 per Unit, for gross proceeds of C$8,000,000. Each Unit consists of one common share and one share purchase warrant , with each Warrant entitling the holder to purchase one additional share at a price of C$1.20 for a period of twenty-four [...]

NG Energy International Corp. announces that the Company is undertaking a non-brokered private placement for 7,000,000 units , at a price of C$1.00 per Unit, for gross proceeds of C$7,000,000. Each Unit consists of one common share and one share purchase warrant , with each Warrant entitling the holder to purchase one additional share at a price of C$1.20 for a period of twenty-four months from the date of issuance. The [...]

NG Energy International Corp. is pleased to announce all environmental requirements asked by the National Environmental Licensing Authority have been met, and it has granted, through Resolution no. 1578 of September 6, 2021, the Environmental License which allows exploratory drilling area in the SN9 block, including the construction of civil works, production infrastructure and the construction of up to 11 locations for a [...]

NG Energy International Corp. is pleased to provide an update on the construction progress of the production facilities that will connect the Maria Conchita block to the national gas transportation system of Colombia. Enefenco Group, in charge of the Engineering, Procurement and Construction contract for the buildout and assembly of the plant and all complementary systems, already has the majority of the equipment [...]