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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.
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Post by Investmentwinon Nov 24, 2023 5:53pm
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Post# 35752294

Natural Gas Price including LNG had BIG Downside🥵🥵🦥

Natural Gas Price including LNG had BIG Downside🥵🥵🦥The price of super-chilled natural gas was projected to drop by 26.5% to $23.5 in 2024. The World Bank in October 2022 forecast US natural gas prices could average $6.20/MMBtu in 2023 on weaker demand as households and industries curb consumption and switch to substitutes.Oct 17, 2023
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