Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (December 2022)
18 slides from Ng Energy International's investor presentation, December 2022
Slide 1: Fuelling Colombia's Clean Energy Future
Fuelling Colombia’s Clean Energy Future TSX.V GASX OTC GASXF FRA 56PQ Investor Presentation December 2022
Slide 2: Legal Disclaimer
02 LEGAL DISCLAIMER This presentation of NG Energy International Corp. (the “Company” or “NG”) is for information only and shall not constitute an offer to buy, sell issue or subscribe for, or the solicitation of an offer to buy, sell or issue or subscribe for any securities in any jurisdiction in w
Slide 3: Legal Disclaimer
03 LEGAL DISCLAIMER • Low Estimate: This is considered to be a conservative estimate of the quantity that will actually be recovered. It is likely that the actual remaining quantities recovered will exceed the low estimate. If probabilistic methods are used, there should be at least a 90 percent pro
Slide 4: Colombian Natural Gas – Destined for Growth
04 COLOMBIAN NATURAL GAS – DESTINED FOR GROWTH 2 1 Source: Footnote 1, 5 Maracaibo/Catatumbo Basin South and Central America ranked third in the world Northern South American giant oil fields are concentrated in: the Colombia has significant but largely untapped natural for undiscovered oil and gas
Slide 5: Exploring a Potential Giant in the Lower Magdalena Basin
05 EXPLORING A POTENTIAL GIANT IN THE LOWER MAGDALENA BASIN Brujo-1X well at SINU-9 was one of the thickest gas columns ever encountered in the Lower Magdalena Basin Tested 11.2, 18.2, and 21.2 MMSCF/d from 3 DSTs in the Ciénaga de Oro (CDO) formation (51 MMSCF/d combined)1,2 389 ft of gas-beari
Slide 6: Investment Highlights
06 INVESTMENT HIGHLIGHTS MISSION VISION Discover, delineate and develop Build a >200 MMSCF/d1 natural gas meaningful natural gas fields in producer with >3 TCF in reserves developing countries to support energy transition and economic growth Proven track record with more than 30 years of industry
Slide 7: Company Overview
07 COMPANY OVERVIEW Ticker TSXV GASX OTC GASXF FRA Market Cap (C$MM) $118 35PQ Price (Dec 2) $1.03 Cash (C$MM) $31 (Dec 2) Basic Shares 125.3 Insider Ownership ≈40% FD Shares3 247.2 (Dec 2) 90 Day Av. Volume 256,000 RESERVES & RESOURCES1,2 100% Company Gross AREA 100% BEST ESTIMATE RESOURCES RESERVE
Slide 8: Colombia Country Update
08 COLOMBIA COUNTRY UPDATE Fastest growing economy in South America1 Source: Footnote 3 • GDP grew 12.6% in the second quarter from a year earlier1 • The IMF forecasts Colombia will grow the most among major Latin American economies this year1 New administration recognizes natural gas as a transitio
Slide 9: Local Market Dynamic: The Colombian Gas Market
09 LOCAL MARKET DYNAMIC Colombia Energy Demand Projections (PJ)1 The Colombian Gas Market DEMAND: In December 2020, Colombian government has indicated it will use more gas to reach its 2030 emissions reduction target of 51% A new progressive government was elected in Summer 2022–the newly appoin
Slide 10: SINU-9 (72% WI): Major Gas Discovery in the Lower Magdalena Basin
010 SINU-9 (72% WI): MAJOR GAS DISCOVERY IN THE LOWER MAGDALENA BASIN Targeting one of Colombia’s most prolific gas basins with gross best estimate unrisked prospective resources of 1.5 TCF (253 BCF Risked)1 and 100% drilling success rate on first two wells HECHIZO 6 Fully permitted with Environme
Slide 11: SINU-9: Phase 1 Exploration Program
11 SINU-9: PHASE 1 EXPLORATION PROGRAM Unrisked Best Unrisked Best 3P Reserves Estimate Estimate Prospective Conventional onshore wells ≤ 8,000 ft.6 Area Undeveloped Contingent Resources at at 100% Resources at 100% WI (BCF)4 WI (BCF)5 100% Estimated US$12mm exploration well cost and US$7mm deve
Slide 12: SINU-9: Light Oil Potential
12 SINU-9: LIGHT OIL POTENTIAL NGE has identified light crude prospective resources in the western region of the SINU-9 block Using isochron data and the ANH LA X-1 Stratigraphic Well, which contains good oil shows in various sections of the cores, the volumetric method was used to estimate the reco
Slide 13: Maria Conchita (80% WI): Production and Cash Flow
13 MARIA CONCHITA (80% WI): PRODUCTION AND CASH FLOW Producing gas field located in the Guajira Basin on Colombia’s Caribbean Coast in close proximity to the Ballena 2P Reserves of 34.6 BCF (gross) Best Estimate Gross Prospective Resources (prospects) Maria Conchita Drilling & Re-Entry Plan Field1,
Slide 14: Maria Conchita: Monetization and Offtake
14 MARIA CONCHITA: MONETIZATION AND OFFTAKE Connected to Colombia’s Pipeline Infrastructure GTX International financed, constructed and completed natural gas treatment facilities, pipeline infrastructure and TGI connection point with a capacity of up to 20 MMSCFD providing treatment and transportati
Slide 15: Tiburon (10-40%): Blue Sky
15 TIBURON (10-40%): BLUE SKY 6-9 TCF Tiburon holds various similarities Tiburon currently covers an area to the Perla & Orca discoveries in of approx. 254,850 acres in the Venezuela & Colombia, with multi Department of La Guajira TCF potential Colombia 16 TCF 1 1. https://www.bnamericas.com/en/news
Slide 16: 2023 Objectives
16 2023 OBJECTIVES Test and complete Hechicero-1X Explore and finalize opportunity for early monetization Secure pipeline partner Drill Milagroso (H1-2024) Drill Hechizo (H1-2024) Drill additional well to stabilize production between 16-20 MMSCF/d based on management’s expectations
Slide 17: Management and Board
17 MANAGEMENT AND BOARD Colombian based management team with Strong capital markets expertise having built and significant in-country experience led large public resource companies RONALD PANTIN, Executive Chairman VINCENZO PAGLIONE, Senior VP Planning & Development Co-founder, CEO, and Executive Di
Slide 18: Contact
TSX.V GASX OTC GASXF FRA 56PQ Vancouver Office Bogota Office Investor Relations 3123 – 595 Burrard Street Cl. 93b #11a-44 www.ngenergyintl.com Vancouver, BC, V7X 1J1 Office 203 investors@ngenergyintl.com Canada Colombia P: +1-604-609-6113 P: +1-604-609-6110 P: +57-1-7121235
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