NG Energy International Corp V.GASX.W.A

Primary Symbol: V.GASX Alternate Symbol(s): V.GASX.DB | GASXF

Energy Oil & Gas E&P

NG Energy International Corp. is a Canada-based oil and gas company. The Company provides clean and sustainable solution to Colombia’s energy needs. It is engaged exploration and development activities in Colombia. The Company’s portfolio consists of one appraisal and two exploration natural gas assets in Colombia. It has working interests in the Maria Conchita Block, the SN-9 Block and the Tiburon Block. The Maria Conchita is located in the Guajira Basin on Colombia’s Caribbean coast. The SN-9 Block is in the Lower Magdalena Valley, 75 kilometers (km) from Colombia's Caribbean coast. The SN-9 Block, which covers an area of approximately 311,353 acres in the Department of Cordoba, Colombia. The Tiburon block is in the Upper Guajira on Colombia’s Caribbean coast. The Tiburon block covers an area of approximately 245,850 acres in the Department of La Guajira, Colombia.

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NG Energy International Corp

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Post by Betteryear2on Dec 04, 2023 11:47am

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Post# 35767159

NG ENERGY SIGNS GAS SALES CONTRACTS

TORONTO, Dec. 4, 2023 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that it has signed long-term take-or-pay contracts with Vanti S.A E.S.P ("Vanti"), Gases del Caribe S.A E.S.P ("Gases del Caribe") and Gases del Occidente S.A E.S.P ("Gases del Occidente") commencing December 1, 2023, for a duration of three years; the Company has also commenced realizing sales of natural gas at prices ranging from $7.70 per Mcf to $8.20 per Mcf from Maria Conchita. The Company expects to sign two additional offtake contracts in December.

NG ENERGY SIGNS GAS SALES CONTRACTS AND PROVIDES PRODUCTION UPDATE FOR MARIA CONCHITA (newswire.ca)

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