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NG Energy International Corp V.GASX

Alternate Symbol(s):  GASXF | V.GASX.DB | V.GASX.WT.A

NG Energy International Corp. is a Canada-based natural gas exploration and production company. The Company is focused on the discovery, delineation and development of large-scale natural gas fields in developing countries, supporting energy transition and economic growth. Its asset portfolio consists of one appraisal and two exploration natural gas assets in Colombia. It has working interests in the Maria Conchita Block, the SN-9 Block and the Tiburon Block. The Maria Conchita Block is located in the Department of La Guajira, Colombia, and neighbors the Chuchupa Block to its north. The SN-9 Block is in the Lower Magdalena Valley, 75 kilometers (km) from Colombia’s Caribbean coast. The SN-9 Block covers an area of approximately 311,353 acres in the Department of Cordoba, Colombia. The Tiburon Block covers an area of approximately 245,850 acres in the Department of La Guajira, Colombia.


TSXV:GASX - Post by User

Post by Tree2treeon Sep 23, 2021 9:58am
134 Views
Post# 33904378

from Reuters today

from Reuters today
INSIGHT-Soaring gas prices ripple through heavy industry, supply chains
Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers. Some companies, including steel producers, fertiliser manufacturers and glass makers, have had to suspend or reduce production in Europe and Asia as a result of spiking energy prices.
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