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NG ENERGY ANNOUNCES INCREASED YEAR-END RESERVES AND RESOURCES
NG ENERGY ANNOUNCES INCREASED YEAR-END RESERVES AND RESOURCES Canada NewsWire ...
About this update from Ng Energy International Corp
[{"type":"text","content":"\n\n\n\n NG ENERGY ANNOUNCES INCREASED YEAR-END RESERVES AND RESOURCES\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n 57% increase to 1P reserves to Company gross 81.0 Bcf for before tax NPV\n \n 10\n \n of\n \n US$123.5 million\n \n\n\n\n\n 21% increase to 2P reserves to Company gross 196.0 Bcf for before tax NPV\n \n 10\n \n of\n \n US$328.4 million\n \n\n\n\n\n 20% increase to 3P reserves to Company gross 364.7 Bcf for before tax NPV\n \n 10\n \n of\n \n US$555.4 million\n \n\n\n\n\n Company gross unrisked best estimate contingent resources of 173.6 Bcf for before-tax NPV\n \n 10\n \n of\n \n US$231.4 million\n \n\n\n\n\n Company gross unrisked best estimate prospective resources of 332.5 Bcf for before-tax NPV\n \n 10\n \n of\n \n US$562.0 million\n \n\n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n April 24, 2025\n \n\n /CNW/ -\n \n NG Energy International Corp.\n \n (\"\n \n NGE\n \n \" or the \"\n \n Company\n \n \") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce the Company's 2024 year-end reserves and resources for both Maria Conchita and Sinu-9 as evaluated by the Company's independent qualified reserves evaluator Sproule International Limited (\"\n \n Sproule ERCE\n \n \").\n \n\n\n Highlights\n \n\n\n\n Sinu-9 Block (72% WI)...