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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 Dec 19, 2023 4:44pm
312 Views
Post# 35792577

Pro traders exiting

Pro traders exiting Oil and natural gas drilling is incredibly expensive 
The big companies have scaled back big time
if at all
The active little drilling companies 
Like I said you can get your price in the low .20s
Good Luck
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