NG Energy International Corp V.GASX

RECEIVES INITIAL PREPAYMENT FOR 15 DAYS OF GAS PRODUCTION

[Betteryear2]

VANCOUVER, BC, May 18, 2022 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that the Company has received an initial advance payment for the first 15 days of production from the Mara Conchita block. Energy Transitions S.A.S E.S.P. and Plus + SAS ESP's  prepayment for the acquisition of 3.5 million standard cubic feet per day (MMSCFD) of gas at a price of US$5.08 / million British thermal unit (MMBTU), totals US$277,368.00, for 80% of the gas production volume  from the Mara Conchita field during this initial period.