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LNG Energy Group Corp. V.LNGE

Alternate Symbol(s):  LNGNF | V.LNGE.WT

LNG Energy Group Corp is a Canada-based company, which is focused on the acquisition and development of natural gas production and exploration assets in Latin America. The Company’s assets include Sinu-San Jacinto-1(SSJN-1), Valle Inferior del Magdelana-41 (VIM-41), Valle Inferior del Magdalena-42 (VIM-42) and Sinu-San Jacinto 3-1(SSJN 3-1). The Company has a 50% working interest in SSJN-1, VIM -42 and SSJN 3-1. The Company has a 100% working interest in VIM-41. SSJN-1 covers approximately 226,000 acres. SSJN 3-1 covers approximately 83,000 acres. VIM-41 includes 93 billion cubic feet equivalent (BCFE) of net 3P reserves. It covers approximately 172,000 acres. VIM-42 includes 405 billion cubic feet (BCF) of prospective resource and covers approximately 228,000 acres.


TSXV:LNGE - Post by User

Post by Investmentwinon Sep 14, 2023 7:02pm
178 Views
Post# 35637265

From LNGE website

From LNGE website
 
 

LNG ENERGY GROUP ASSETS

Industry Leading Operating and Drilling 
 


PRODUCTION 




Sinu-San Jacinto-1 
(SSJN-1)

Working Interest: 50%
Production: 36 MMCFD
Reserves: 139 Bcfe of Net 3P reserves*
Acres: 226,000

APPRAISAL &
DEVELOPMENT 




Valle Inferior del Magdelana-41
(VIM-41)

Working Interest: 100% 
Perdices Reserves: 93 Bcfe of Net 3P reserves*
Acres: 172,000 



Perdices

Working Interest: 50% 
Reserves:: 34 Bcf of prospective resource*
Acres: 102,000


EXPLORATION




Sinu-San Jacinto 3-1 
(SSJN 3-1)

Working Interest: 50%
Reserves: 150+ Bcfe of resource potential*
Acres: 83,000 



Valle Inferior del Magdalena-42 
(VIM-42)

Working Interest: 50%
Reserves:: 405 Bcf of prospective resource*
Acres: 228,000

 

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