Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (May 2023)
17 slides from Ng Energy International's investor presentation, May 2023
Slide 1: Investor Presentation / May 2023
Investor Presentation / May 2023
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
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 p
Slide 4: Company Overview
04 / Company Overview Ticker TSXV GASX OTC GASXF FRA 35PQ Price (April 28, 2023) $0.68 Basic Shares 125.1 Market Cap (C$MM) $85 Options 12.5 Cash (C$MM) (May, 2023) $5 Warrants 56.7 (strike price $1.08 – 1.75) Potential Warrant Funding (C$MM) $68 Debenture Units 52.9 Insider Ownership ≈40% FD Shares
Slide 5: Management and Board: Decades of Experience with Significant Technical Expertise
05 / Management and Board: Decades of Experience with Significant Technical Expertise Veteran Colombian based management Strong capital markets expertise having built and led team with significant in-country experience large public resource companies RONALD PANTIN, Executive Chairman VINCENZO PAGLIO
Slide 6: Oil and Gas Giants: An Incredible Rare Opportunity
06 / Oil and Gas Giants: An Incredible Rare Opportunity South and Central America ranked third in the world for The opportunity to be exploring for a giant oil and gas undiscovered oil & gas behind the Middle East and the former field is very rare with less than 1300 discoveries of this Soviet Union
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 Second discovery at SINU-9, bringing in the Ciénaga de Oro (C
Slide 8: Investment Highlights
08 / Investment Highlights MISSION Discover, delineate and develop meaningful VISION Bu ild a >20 0 MMSCF/d 1 n a tu ra l g a s p ro d u c e r natural gas fields in developing countries to w ith >3 TCF in re s e rve s support energy transition and economic growth Proven track record with more than
Slide 9: Colombia: Political Landscape & Local Market Dynamic
09 / Colombia: Political Landscape & Local Market Dynamic Economic Update2 Colombia’s economic growth slowed in 2023 to 1%, after Growth is projected to stabilize at 2.8% in 2024, as external Monetary and fiscal tightening continues in 2023 robust growth of 7.7% in 2022 and 10.7% in 2021 demand resu
Slide 10: SINU-9 (72% WI): Major Gas Discovery in the Lower Magdalena Basin
10 / 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 locations1 Adjacent to Canacol Energy, Colombia’s Hechizo Agua Vivas-16 largest indepe
Slide 11: SINU-9: Phase 1 Exploration Program
11 / SINU-9: Phase 1 Exploration Program 1. MAGICO-1X 2. BRUJO-1X RESERVES & RESOURCES 3 Tested 15 MMSCF/d1 Tested 11.2, 18.2, and 21.2 MMSCF/d from 3 DSTs in the 120 ft. of net pay in a block of approx. 3km2 CDO (anticipated 51 MMSCF/d combined)2 100% 3P COMPANY GROSS Drilling stopped at 3,
Slide 12: SINU-9: Light Oil Potential
12 / SINU-9: Light Oil Potential NGE HAS IDENTIFIED LIGHT CRUDE PROSPECTIVE Prospectivity of the SINU-9 Block 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
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 3P Reserves of 46.8 BCF (gross) MARIA CONCHITA DRILLING AND RE-ENTRY PLAN Basin on Colombia’s Caribbean Coast in Best Estimate Unrisked Contingent close proximity to the Ballena Field1, one Resources of
Slide 14: Maria Conchita: Infrastructure
14 / 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 servi
Slide 15: Tiburon (10-40% WI): Blue Sky
15 / Tiburon (10-40% WI): Blue Sky Tiburon holds various similarities to the Perla & Orca discoveries in Venezuela & Colombia, with multi TCF potential The Tiburon Block currently covers an area of approx. 245,850 acres in the Department of La Guajira, Colombia 1 1
Slide 16: Twelve Month Objectives: Building Colombia's Next Major Gas Company
16 / Twelve Month Objectives: Building Colombia’s Next Major Gas Company INCREASE RESERVES AND SECURE INFRASTRUCTURE AT SINU-9 & RAMP PRODUCTION AND CASH FLOW AT MARIA CONCHITA SINU-9 Sign binding term sheets with Promigas and Kronos to build 90 MMSCFPD of transportation and processing capacity co
Slide 17: Vancouver Office, Bogotá Office, Investor Relations
Vancouver Office Bogotá Office Investor Relations 595 Burrard Street Cl. 93b #11a-44 www.ngenergyintl.com Suite 3123 Office 203 investors@ngenergyintl.com PO Box 49139 Bogotá Vancouver, BC, V7X 1J1 Colombia +1-604-609-6110 +57-1-7121235 +1-604-609-6113
NG Energy International — Investor Presentation (May 2023) on 6ix