Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (October 2021)
20 slides from Ng Energy International's investor presentation, Oct 26, 2021
Slide 1: Fueling Colombia's Clean Energy Transition
FUELING COLOMBIA’S CLEAN ENERGY TRANSITION October 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 • SINU-9 - significant exploration upside • State owned utilities p
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 built and led large public resource companies in the past MANAGEMENT ADDITIONAL BOARD MEMBERS Ronald • Co-founde
Slide 5: Market Data
MARKET DATA CAPITALIZATION EVENTS Ticker TSX.V: GASX | OTC: GASXF | FRA: 56PQ A Dec 9: NGE enters MOU with GTX to build and operation MC pipeline Share Price (Oct 22, 2021) $1.79 B Jan 11: NGE to re-enter Istanbul-1 at Maria Conchita Basic Shares 118.9 C Feb 10: NGE closes upsized $9.79M bought deal
Slide 6: Colombia | Decreasing Supply, Increasing Demand
COLOMBIA | Decreasing Supply, Increasing Demand DECREASING NATURAL GAS SUPPLY1 LNG IMPORT SHIPMENTS3 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 WITH
Slide 7: Colombia | Country Update
COLOMBIA | Country Update LEADERSHIP 2019 CORRUPTION PERCEPTIONS INDEX1 • 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 pol
Slide 8: 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 TSX.V: GASX 8
Slide 9: Asset Overview
ASSET OVERVIEW SINU-9 Maria Conchita Tiburon Best Estimate Contingent Resources of 37.0 Bcf1 Blue sky exploratory asset with excellent natural gas Best Estimate Prospective Resources (Prospects) 2P Reserves of 27.7 Bcf1 exploration potential; NG intends to shoot seismic and Unrisked of 602.2 Bcf (Ri
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 Aruchara-1 1 Istanbul-1 2 Tinka-1 3 Best Estimate Company Gross Unrisked • Successful re-entry in July 2020 • Existence
Slide 11: Maria Conchita | Seismic Interpretation
MARIA CONCHITA | Seismic Interpretation 1 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: Maria Conchita | Gas Line Construction
MARIA CONCHITA | Gas Line Construction TSX.V: GASX 13
Slide 14: 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 gross1 • Canacol’s block
Slide 15: 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 ft. over 25 to 30 days for exploration potential: a total costs of US$4-6 million per well 1 2 3 4 Magico Mago Hechicero Hechizo-1 Q3 2021 Q3 20
Slide 16: 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 16
Slide 17: 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 17
Slide 18: Tiburon (10-40% WI)
TIBURON (10-40% WI) • The Tiburon 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 19: Tiburon
TIBURON Perla Discovery Orca-1 Discovery Tiburon Lead 1 Tiburon Lead 2 TSX.V: GASX 19
Slide 20: 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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