Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (July 2021)
24 slides from Ng Energy International's investor presentation, July 2021
Slide 1: Fueling Colombia's Clean Energy Transition
FUELING COLOMBIA’S CLEAN ENERGY TRANSITION July 2021 TSX.V: GASX | OTC: GASXF | FRA:56PQ
Slide 2: Disclaimer
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 which su
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS STRONG PRICING WITH LONG-TERM DE-RISKED HIGH-QUALITY TAKE OR PAY CONTRACTS ASSET BASE • High natural gas prices due to decreasing supply and • Maria Conchita - Near Term Production increasing demand in Colombia • SINÚ 9 - Significant Exploration Potential • State owned utilitie
Slide 4: Management & Board
MANAGEMENT & BOARD • Colombian based management team with significant in-country experience • Strong technical experience within Colombian basins • Strong capital markets expertise having led large public resource companies in the past MANAGEMENT ADDITIONAL BOARD MEMBERS Ronald • Co-founder, CEO, an
Slide 5: Market Data
MARKET DATA CAPITALIZATION EVENTS Ticker TSX.V: GASX | OTC: GASXF | FRA: 56PQ A Jul 28: Natural gas discovery on Aruchara-1 re-entry Share Price $1.00 B Aug 31: 7-11 MMcf/d tested across 3 separate zones at Aruchara-1 Basic Shares 106.3 C Nov 4: $27.7 million binding offer from CPVEN to develop well
Slide 6: Colombia | Decreasing Supply, Increasing Demand
COLOMBIA | Decreasing Supply, Increasing Demand DECREASING NATURAL GAS SUPPLY(1) LNG IMPORT SHIPMENTS(3) 9 • Declining legacy fields; production and reserves declining at 7% per year; national reserve life index only 6 12 years • Colombia LNG import facilities are lacking INCREASING DEMAND ON-TREND
Slide 7: Colombia | Country Update
COLOMBIA | Country Update LEADERSHIP 2019 CORRUPTION PERCEPTIONS INDEX(1) • Ivan Duque won the presidential election in June 2018 87 • Mr. Duque is seen as pro-business, vowing to support the oil and 77 69 gas industry, which he sees as a major pillar of growth • Business professionals rather than p
Slide 8: Asset Overview
ASSET OVERVIEW SINU-9 Maria Conchita Tiburon Best Estimate Contingent Resources of 37.0 Bcf(1) 2P Reserves of 27.7 Bcf(1) Blue sky exploratory asset with excellent natural gas Best Estimate Prospective Resources (Prospects) exploration potential; NG intends to shoot seismic and Best Estimate Gross P
Slide 9: Asset Overview
ASSET OVERVIEW • Strong de-risked asset base in well known producing areas with flagship Sinu 9 adjacent to Canacol • Located in a very stable areas of the country • Close to significant national infrastructure 9 TSX.V: GASX
Slide 10: Maria Conchita (80% WI)
MARIA CONCHITA (80% WI) • Maria Conchita field is in the Guajira Maria Conchita Drilling & Re-Entry Plan Basin on Colombia’s Caribbean coast, 14 km from the TGI Main pipeline with Best Aruchara-1 1 Istanbul-1 2 Tinka-1 3 Estimate Company Gross Unrisked • Successful re-entry in July 2020 • Re-entry u
Slide 11: Maria Conchita | Seismic Interpretation
MARIA CHONSHITA | Seismic Interpretation (1) Seismic interpretation by IGS an external independent geophysics interpretation company Poisson Ratio AVO Attribute: H2B Anomaly & New Locations to be drilled ARUCHARA - 3 ARUCHARA - 4 TSX.V: GASX 11
Slide 12: Maria Conchita | Project Layout
MARIA CONCHITA | Project Layout Natural Gas Treatment Facilities 1. Water separator 2. Glycol Unit 3. Three-phase separator 4. Coalescing filter Skid Note: Compressors may not be required depending on the well pressure TSX.V: GASX 12
Slide 13: Sinu-9 (72% WI) Flagship Property
SINU-9 (72% WI) Flagship Property • Excellent exploration potential for natural gas with Best Estimate Contingent Resources of 37.0 Bcf and Best Estimate Prospective Resources (Prospects) Unrisked of 602.2 Bcf (Risked 182.4 Bcf) and Prospective Resources (Leads) of 459.0 Bcf gross(1) • Canacol’s blo
Slide 14: Sinu-9 | Exploration Approach
SINU-9 | Exploration Approach Phase 1 Exploration 10 potential areas identified with excellent Conventional Natural Gas Wells are drilled to 4,500 to 6,000 feet over 25 to 30 days exploration potential: for a total costs of US$4-6 million 1 2 3 4 Magico Mago Hechicero Hechizo-1 Q3 2021 Q3 2021 Timin
Slide 15: Sinu-9 | Seismic Interpretation
SINU-9 | Seismic Interpretation (1) SINU-9 Seismic Attributes Show Potential Hydrocarbon Indicators (DHI) (1) Seismic interpretation by IGS an external independent geophysics interpretation company TSX.V: GASX 15
Slide 16: High Quality Offtake Counterparties
HIGH QUALITY OFFTAKE COUTERPARTIEES NG has obtained letters of intent for take or pay contracts with Colombian gas utilities Natural Gas Traders Largest Utility Companies in Colombia Volume: ~10 MMcf/d Volume: ~14 MMcf/d Note: See "Forward-looking statements" on slide 2 TSX.V: GASX 16
Slide 17: Tiburon (10-40% WI)
TIBURON (10-40% WI) • The Tiburón block is in the Upper Guajira on Colombia’s Caribbean coast, and holds source rock with kerogens Type III, gas prone for Tertiary sequence and Type II, and oil prone for Cretaceous sequence • It belongs to the same basin as the Chuchupa block to its south, one of th
Slide 18: Tiburon
TIBURON Perla Discovery Orca-1 Discovery Tiburon Lead 1 Tiburon Lead 2 TSX.V: GASX 18
Slide 19: Appendix
_, APPENDIX TSXV: GASX 19
Slide 20: Global Natural Gas Prices
GLOBAL NATURAL GAS PRICES C Spot l NG NG o o a a an a s n NG NG an Spot NG a s a s NG Global LNG Pricing • As opposed to crude oil, LNG does not feature a harmonized global price. In contracts, the price of LNG is segmented into regional markets, the main ones being: — Asian market (Japan, Korea, an
Slide 21: Colombia | Long-Term Supply Shortage
COLOMBIA | Long-Term Supply Shortage The supply-demand balance indicates a deficit since January 2024 Caribbean Market Interior Market Source: MME, Concentra, UPME TSX.V: GASX 21
Slide 22: Permits & Licences
PERMITS & LICENCES Transportadora de Gas Internacional (TGI) Transportadora de Gas Internacional, ready-to-build approved connection point to gas pipeline. Corporación Autónoma Regional de la Guajira The public entity of the Colombian government with full autonomy, in charge of the public administra
Slide 23: Colombia | Supply-Demand Dynamic Causing Premium Pricing
COLOMBIA | Supply-Demand Dynamic Causing Premium Pricing • Domestic market supply deficit has led to locally producing companies selling at a significant premium to North American prices • Realized gas prices in Colombia are stable and have maintained around $5.00 / Mcf since 2015 • Canacol, Colombi
Slide 24: Contact Us
CONTACT US TSX.V: GASX | OTC: GASXF | FRA:56PQ Vancouver Office: Bogotá Office Investor Relations 595 Burrard St, Suite 3123 Cl. 93b #11a-44 TSX.V: GASX PO Box 49139 Office 203 OTC: GASXF Vancouver, BC, V7X 1J1 Bogotá FRA: 56PQ Canada Colombia Email: investors@ngenergyintl.com Phone: +1-604 609-6110
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