Ng Energy International Corp · TSX:GASX

Ng Energy International — Investor Presentation (April 2023)

18 slides from Ng Energy International's investor presentation, April 2023

  1. Slide 1: Building Colombia's Next Major Natural Gas Company

    Building Colombia’s Next Major Natural Gas Company TSX.V GASX OTC GASXF FRA 56PQ Investor Presentation April 2023

  2. 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

  3. 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

  4. Slide 4: Company Overview

    Ticker TSXV GASX OTC GASXF FRA 35PQ Price (Mar 27, 2023) $0.72 04 COMPANY OVERVIEW Basic Shares 125.1 Market Cap (C$MM) $90 Options 12.5 Cash (C$MM) (Dec, 2022) $31 Warrants 56.7 (strike price $1.08 – 1.75) Potential Warrant Funding (C$MM) $68 Convertible 52.9 Insider Ownership ≈40% Debenture Units

  5. Slide 5: Management and Board – Decades of Experience with Significant Technical Expertise

    5 MANAGEMENT AND BOARD – DECADES OF EXPERIENCE WITH SIGNIFICANT TECHNICAL EXPERTISE Veteran Colombian based management team Strong capital markets expertise having built with significant in-country experience and led large public resource companies RONALD PANTIN, Executive Chairman VINCENZO PAGLIONE

  6. Slide 6: Oil and Gas Giants: An Incredibly Rare Opportunity

    06 OIL AND GAS GIANTS: AN INCREDIBLY RARE OPPORTUNITY 5 A giant oil field is one for which the estimate of ultimately The opportunity to be exploring for a giant oil and gas recoverable hydrocarbons is greater than 500 million bbl. ; a giant field is very rare with less than 1300 discoveries of this

  7. Slide 7: SINU-9: Major Discovery in Early Days Driving Giant Gas Field Potential

    07 SINU-9: MAJOR DISCOVERY IN EARLY DAYS DRIVING GIANT GAS FIELD POTENTIAL The 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 

  8. Slide 8: Investment Highlights

    08 INVESTMENT HIGHLIGHTS MISSION VISION Discover, delineate and Build a >200 MMSCF/d1 develop meaningful natural natural gas producer with gas fields in developing >3 TCF in reserves countries to support energy transition and economic growth  Proven track record with more than 30 years of industry

  9. Slide 9: Country Update: Colombia

    09 COUNTRY UPDATE : COLOMBIA 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 transit

  10. Slide 10: Local Market Dynamic: The Colombian Gas Market

    010 LOCAL MARKET DYNAMIC 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 appointed Finance Minister has indicated their

  11. Slide 11: SINU-9 (72% WI): Major Gas Discovery in the Lower Magdalena Basin

    11 SINU-9 (72% WI): MAJOR GAS DISCOVERY IN THE LOWER MAGDALENA BASIN Targeting one of Colombia’s most prolific gas basins  Fully permitted with Environmental Approval granted by ANLA to drill 22 wells from 11 locations3 HECHIZO 6  Adjacent to Canacol Energy, Colombia’s largest independent gas prod

  12. Slide 12: SINU-9: Phase 1 Exploration Program

    12 SINU-9: PHASE 1 EXPLORATION PROGRAM Conventional onshore wells ≤ 8,000 ft.6 Estimated US$12mm exploration well cost and US$7mm development well cost RESERVES & RESOURCES 100% Company COMPANY GROSS 1 MAGICO-1X 2 BRUJO-1X 3 HECHICERO-1X BEYOND AREA RESERVES (PROVED + Gross CONTINGENT Working RESOUR

  13. Slide 13: SINU-9: Light Oil Potential

    13 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

  14. Slide 14: Maria Conchita (80% WI): Production and Cash Flow

    14 MARIA CONCHITA (80% WI): PRODUCTION AND CASH FLOW Producing gas field located in the Guajira Basin on Colombia’s Caribbean Coast in 3P Reserves of 46.8 BCF (gross) Best Estimate Unrisked Contingent Maria Conchita Drilling & Re-Entry Plan close proximity to the Ballena Field1, one Resources of 65.

  15. Slide 15: Maria Conchita: Infrastructure

    15 MARIA CONCHITA: INFRASTRUCTURE 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 transportation service

  16. Slide 16: Tiburon (10-40%): Blue Sky

    16 TIBURON (10-40%): BLUE SKY 6-9 TCF Tiburon holds various Tiburon currently similarities to the Perla covers an area of & Orca discoveries in approx. 254,850 acres Venezuela & in the Department of Colombia, with multi La Guajira Colombia TCF potential 16 TCF 1 1. https://www.bnamericas.com/en/news

  17. Slide 17: 2023 Objectives – Building Colombia's Next Major Natural Gas Company

    17 2023 OBJECTIVES – BUILDING COLOMBIA’S NEXT MAJOR NATURAL GAS COMPANY Increase reserves and secure infrastructure at SINU-9 & ramp production and cashflow at Maria Conchita SINU-9  Secure large-scale pipeline partner for the construction of infrastructure and long-term production Q1-23  Evaluate

  18. Slide 18: Vancouver Office, Bogota Office, Investor Relations

    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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