Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (October 2022)
20 slides from Ng Energy International's investor presentation, October 2022
Slide 1: Fueling Colombia's Clean Energy Transition
FUELING COLOMBIA’S CLEAN ENERGY TRANSITION October 2022 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 sharply decreasing legacy • Maria Conchita – production ramping from 3.5 supply and increasing demand in Colombia MMSCFPD to 16MMSCFPD from Aruchara-1 with fur
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 RECENT KEY EVENTS Ticker TSX.V: GASX | OTC: GASXF | FRA: 56PQ A NGE announces light crude oil prospective resources in Mar 24: Sinu-9 block Closing Price (October 3, 2022) $0.85 B NGE receives initial pre-payment for 15 days of gas May 18: Basic Shares 125.3 production fro
Slide 6: Colombia | Country Update
COLOMBIA | Country Update FASTEST GROWING ECONOMY IN LATIN AMERICA • Colombia’s economic recovery in 2021 was among the fastest in the region, with economic momentum expected to continue into 20221 • Fastest growing economy in South America in 2022, with GDP expanding 12.6% in second quarter from ye
Slide 7: Colombia | Decreasing Supply, Increasing Demand
COLOMBIA | Decreasing Supply, Increasing Demand LEADING THE RENWEABLE ENERGY TRANSITION ENERGY BY TYPE PROJECTIONS The Colombian government is making concerted efforts to push the country towards becoming a leader in the renewable energy transition1 • However, the energy matrix in Colombia is curren
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 (72% WI) Maria Conchita (80% WI) Tiburon (10-40% WI) • Gross 3P Reserves of 36.2 Bcf1 • Blue sky exploratory asset with excellent natural • Gross 2P Reserves of 34.6 Bcf2 • Best Estimate Contingent Resources of 37.0 Bcf1 gas exploration potential; NG intends to shoot • Best Est
Slide 10: Maria Conchita (80% WI)
MARIA CONCHITA (80% WI) • The Maria Conchita field is in the Guajira Basin on Colombia’s Caribbean coast, and neighbors Maria Conchita Drilling & Re-Entry Plan the Chuchupa field, one of Colombia's largest fields with 7 Tcf of natural gas reserves1 Aruchara-1 1 Istanbul-1 2 Tinka-1 3 • Gross 2P Rese
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 | Pipeline & Gas Facilities
MARIA CONCHITA | Pipeline & Gas Facilities TSX.V: GASX 12
Slide 13: 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 MMSCFPD Volume: ~14 MMSCFPD Note: See "Forward-looking statements" on slide 2 TSX.V: GASX 13
Slide 14: SINU-9 (72% WI) Flagship Property
SINU-9 (72% WI) Flagship Property Natural Gas Potential • Gross 3P Undeveloped Reserves of 36.2 Bcf1 • Best Estimate Prospective Resources (Prospects) Unrisked of 602.2 Bcf (Risked 182.4 Bcf) and Prospective Resources (Leads) of 459.0 Bcf gross2 • The primary targets are the top, intra and lower Cie
Slide 15: SINU-9 | Natural Gas Exploration Approach
SINU-9 | Natural Gas Exploration Approach Phase 1 Exploration 10 potential areas identified with excellent conventional natural gas exploration potential: Conventional onshore wells drilled to 4,500 to 6,000 feet 1 2 3 4 Magico-1X Brujo-1X Hechicero- Well 4 Gas discovery Q4 2022 1X Timing TBD August
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: SINU-9 | Light Crude Oil
SINU-9 | Light Crude Oil NG Energy 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, were used as the reference point to generate the lo
Slide 18: Tiburon (10-40% WI)
TIBURON (10-40% WI) • The Tiburon Block currently covers an area of approx. 245,850 acres in the Department of La Guajira, Colombia • Tiburon belongs to the same basin as the Chuchupa block to its south, one of the most prolific gas blocks in Colombia • Tiburon holds various similarities to the Perl
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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