Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (March 2024)
15 slides from Ng Energy International's investor presentation, March 2024
Slide 1: Investor Presentation / March 2024
Investor Presentation / March 2024
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: Investment Highlights
04 / Investment Highlights MISSION Discover, delineate and develop meaningful VISION Build a >200 MMcf/d natural gas producer with natural gas fields in developing countries to >3 TCF in reserves support energy transition and economic growth Current Gross Production of 19.4 MMcf/d with 100% of gas
Slide 5: Corporate Overview
05 / Corporate Overview CAPITALIZATION STRUCTURE NG Energy Daily Projected Production (Net)1,2 Shares Outstanding 225.2M 70 Fully Diluted 358.4M 60 Market Capitalization $211.7M 50 Potential Warrant Funding $110.5M Insider Ownership >40.0% 40 MMcf/d 90 Day Average Trading Volume 475.7K 30 Net Debt $
Slide 6: Management and Board: Decades of Experience with Significant Technical Expertise
06 / Management and Board: Decades of Experience with Significant Technical Expertise BRIAN PAES-BRAGA, CEO & Co-Chairman RONALD PANTIN, Director Managing Partner at SAF Group, a leading structured credit and merchant banking Co-founder, CEO, and Executive Director of Pacific Rubiales (Pacific E&P)
Slide 7: 2023 Year in Review Highlights
07 / 2023 Year in Review Highlights Significant Progress in 2023 – Laying Foundation for Transformational Year in 2024 Engaged Sproule International Limited as the Company’s new independent reserves and resources evaluator1 Announced the appointment of PricewaterhouseCoopers LLP as the Company’s
Slide 8: Colombia: Political Landscape & Local Market Dynamic
08 / Colombia: Political Landscape & Local Market Dynamic Demand Supply Price Natural gas is a key component of the Colombian Colombian national proved gas reserves have been Stable price premium exhibited over the last 5+ Government’s energy agenda in achieving its 2050 declining at 6%/year and pro
Slide 9: Maria Conchita (80% WI): Production and Cash Flow
09 / Maria Conchita (80% WI): Production and Cash Flow 19.4 MMcf/d production base today expected to rise to pipeline capacity 20 MMcf/d1 $7.70 – $8.20 / Mcf 3-year take-or-pay contracts signed December 1, 20231 While drilling Aruchara-3, a more than 1,200 foot naturally fractured gas bearing
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 Agreements signed to bring 30 MMcf/d of production online in H1 2024, with an additional 10 MMcf/d in H2 2024, for a total of 40 MMSCFD in phase 11 Brujo-1X was one of the thickest gas columns ever encountered in the Lower Ma
Slide 11: Well Economics
Denominated in USD unless otherwise stated 11 / Well Economics Maria Conchita Summary1,2 Maria Conchita 2P 3P Mgmt Maria Conchita Type Curve With continued well outperformance IP30 (mmcf/d) 6.9 6.9 9.8 12.0 at the Aruchara well sites, strong Production (mmcf/d) IP365 (mmcf/d) 5.9 6.3 9.0 IP30 and
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 re
Slide 13: Tiburon (10-40% WI): Blue Sky
13 / 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 Note: See "Forward-looking stateme
Slide 14: Twelve Month Objectives: Building Colombia's Next Major Gas Company
14 / Twelve Month Objectives: Building Colombia’s Next Major Gas Company Production Ramp Up and Reserve + Resource Increase SINU-9 Bring 30 MMSCFPD of production online in H1 2024 Bring an additional 10 MMscf/d in H2 2024 Drill additional high priority gas target (Hechicero) Evaluate options
Slide 15: TSX.V GASX OTC: GASXF FRA 56P
Canadian Office Bogotá Office Investor Relations 365 Bay Street Cl. 93b #11a-44 www.ngenergyintl.com Suite 800 Office 203 investors@ngenergyintl.com Toronto, ON, M5H 2V1 Bogotá Colombia +1-604-404-4335 +57-1-7121235 +1-604-404-4335 TSX.V GASX OTC: GASXF FRA 56P
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