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LNG Energy Group Corp. LNGNF


Primary Symbol: V.LNGE Alternate Symbol(s):  V.LNGE.WT

Energy Oil & Gas E&P
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

LNG Energy Group Corp. > Natural Gas Prices Lower as Mild Winter Expected
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Post by Investmentwinon Nov 21, 2023 5:42pm
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Post# 35747346

Natural Gas Prices Lower as Mild Winter Expected

Natural Gas Prices Lower as Mild Winter Expected

Natural Gas Prices Forecast: Lower as Mild Winter Expectations Weigh

By:James Hyerczyk
Published: Nov 21, 2023, 13:59 UTC•2min read
Natural Gas Prices Forecast
US natural gas futures fall amid warm forecasts, bearish sentiment, balanced by strong production and LNG exports.
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EUR/USD
-0.24
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Highlights

  • Warm forecasts drive natural gas prices down.
  • High storage levels add to downward price pressure.
  • Robust US gas production offsets market decline.

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