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NG ENERGY ANNOUNCES FILING OF Q1 FINANCIAL RESULTS
NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that it has filed its financial results for the three months ended March 31, 2025. The Company's consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2025 are available on the Company's website (www.ngenergyintl.com) and profile on SEDAR+ (www.sedarplus.ca).
About this update from Ng Energy International Corp
[{"type":"text","content":"CALGARY, AB, May 28, 2025 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that it has filed its financial results for the three months ended March 31, 2025. The Company's consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2025 are available on the Company's website (www.ngenergyintl.com) and profile on SEDAR+ (www.sedarplus.ca).","length":489,"tagName":"p"},{"type":"image","alt":"NG Energy International Corp. (CNW Group/NG Energy International Corp.)","displaySize":"","headline":null,"caption":"NG Energy International Corp. (CNW Group/NG Energy International Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":78,"url":"https://media.zenfs.com/en/cnwgroup.com/530a2462e612aa72e39a5a42e60f5247"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fSpRD561ExwvcvZgdrFIwA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzNztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/530a2462e612aa72e39a5a42e60f5247","width":400,"height":78}},"href":"https://mma.prnewswire.com/media/2697843/NG_Energy_International_Corp__NG_ENERGY_ANNOUNCES_FILING_OF_Q1_F.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Q1 2025 Highlights:","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Company announced the sale of a 40% WI in Sinu-9 to Etablissements Maurel et Prom S.A. ("Maurel & Prom" or "M&P") for US$150 million, resulting in additional operational strength along with a transformational change to the Company's balance sheet.","length":283,"tagName":"p"}]},{"val":[{"type":"text","content":"The Company realized average natural gas pricing during Q1 2025 of US$8.28/Mcf, and continues to expect strong natural gas prices of over $8.00/Mcf moving forward due to its fixed offtake agreements and a favourable natural gas pricing environment.","length":248,"tagName":"p"}]},{"val":[{"type":"text","content":"Production recommenced at Sinu-9 on March 25, 2025, with current production volumes of 12 MMcf/d (gross), which are expected to be maintained throughout Q2 2025 and increase to over 40 MMcf/d (gross) of production capacity in Q3 2025.","length":239,"tagName":"p"}]},{"val":[{"type":"te...