Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (August 2024)
19 slides from Ng Energy International's investor presentation, Aug 5, 2024
Slide 1: Colombia's Next Major Natural Gas Company
Colombia’s Next Major Natural Gas Company Corporate Presentation TSX.V: GASX OTC: GASXF FRA: 56P August 2024 TSX.V: GASX OTC: GASXF FRA: 56P
Slide 2: Legal Disclaimer
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 C a u t io n a ry No t e Re g a rd in g Fu t u re -O rie n t e d Fin a n c ia l In fo r
Slide 3: Legal Disclaimer
Legal Disclaimer Dis c la im e r Re g a rd in g Hyd ro c a rb o n Es t im a t io n C a u t io n Re s p e c t in g Re s e rve s In fo rm a t io n “Management estimates” represent management’s evaluation and estimation of data based on internal evaluations and modelling and by their nature have The de
Slide 4: Legal Disclaimer
Legal Disclaimer A qualitative measure of the certainty levels pertaining to estimates prepared for the various reserves categories is desirable to provide a Information Regarding Prospective Resources clearer understanding of the associated risks and uncertainties. However, the majority of reserves
Slide 5: Tapping into Colombia's Premium Priced Gas Market
WHY NG ENERGY 2024 PRODUCTION HORIZON Tapping into Colombia’s BASE 125% 200% Premium Priced Gas Market 17.9 MMcf/d 45 MMcf/d 60 MMcf/d CURRENT 2024 EXIT INFRA CAPACITY PRODUCTION3 PRODUCTION1 INCL. PHASE 1 SN94 Planned 2024 production increase of >150%1 with proven 551% YOY increase in 3P reserves,
Slide 6: Build a >200 MMcf/d Natural Gas Producer with >1 TCF in Reserves
STRATEGY & VISION Build a >200 MMcf/d Natural Gas Producer with >1 TCF in Reserves Through the development of gas fields in developing countries supporting energy transition NGE PRODUCTION PROFILE & GROWTH POTENTIAL1 All prices in USD $430M pa Revenue @ $8/Mcf People 200 Energized & agile with prove
Slide 7: Recent Re-classification of Reserves with Significant Leverage to Rising Gas Prices
RESERVES & RESOURCES Recent Re-classi�ication of Reserves with Signi�icant Leverage to Rising Gas Prices RESERVES & RESOURCES GROWTH NPV10 USD$ SENSITIVITY TO GAS PRICE & CLASSIFICATION UPGRADE (NG PARTICIPATION BEFORE TAXES) 700 $1.8B 600 $1.6B $1.4B 500 $1.2B 400 $1.0B Bcf 300 $800M $600M 200 $400
Slide 8: Capital Structure
SHAREHOLDER OUTSTANDING WARRANTS DISTRIBUTION DISTRIBUTION ABOUT NG ENERGY Capital Structure 42% 83% MANAGEMENT HELD BY INSIDERS , CLOSE ASSOCIATES Share Price* $0.90 CAD & INSIDERS & MACQUARIE GROUP Market Cap* $202.7M CAD Issued & Outstanding 225.2M Over 50 years of combined technical & capital ma
Slide 9: Premium Price Market with Low Volatility
COLOMBIA MARKET Premium Price Market with Low Volatility BALANCE NATIONAL SUPPLY THE COLOMBIA PARENTAL DEMAND1 (GBTUD) ENERGY MARKET Approx. $3B / year market at today’s prices and growing Established natural gas infrastructure Independent branches HISTORICAL VOLATILITY OF QUARTERLY AVERAGE PRICE2,3
Slide 10: Balanced Portfolio with Production & Cashflow and Significant Upside
CURRENT PORTFOLIO TIBURON Balanced Portfolio with Production & Cashflow and MARIA CONCHITA Significant Upside PROMIGAS PIPELINE SINU-9 MARIA CONCHITA BARRANQUILLA CARTAGENA Company Maker Production & Cashflow • Large development gas field • Producing gas field SINU-9 • Fully permitted1 • 17.9 MMcf/d
Slide 11: Major Gas Discovery in the Lower Magdalena Basin
BASIN Lower Magdalena TARGET Natural Gas WORKING INTEREST 72% MARKET Caribbean Coast 10 KM SINU-9 Major Gas Discovery SINU-9 PROMIGAS PIPELINE in the Lower Magdalena Basin Massive Land Package 311,353 acres adjacent to Colombia’s largest independent gas producer Fully Permitted MAGIC0-1X HECHIZO wit
Slide 12: Production Increase by the End of 2024
SINU-9 Production Increase by the End of 2024 1P RESERVES 1 2P RESERVES 1 3P RESERVES 1 26.7 BCF 114.4 BCF 245.3 BCF US$22.0M NPV*10% US$150.3M NPV*10% US$331.0M NPV*10% * Pre-Tax NPV 10% Company Gross Best Estimate Unrisked 130.2 BCF Contingent Resources (Development US$78.5M NPV10% Pending) (Pre-T
Slide 13: Production and Cash Flow in the La Guajira Basin
BASIN Guajira TARGET Natural Gas WORKING INTEREST 80% MARKET Caribbean Coast 4 KM MARIA CONCHITA TGI PIPELINE Production and Cash Flow in the La Guajira Basin MARIA CONCHITA TINKA-1 ISTAMBUL-1 17.9 MMcf/d production base Gas Treatment with 20 MMcf/d of current production capacity1 & Processing Plant
Slide 14: Re-Scoping of Full Field Potential
MARIA CONCHITA Re-Scoping of ARUCHARA-1 ARUCHARA-3 Full Field Potential TINKA-1 H4 H3 1P RESERVES1 2P RESERVES1 3P RESERVES1 Possible area 25.0 BCF 47.2 BCF 59.5 BCF for distribution of natural fractures US$75.4M NPV*10% US$109.4M NPV*10% US$135.8M NPV*10% Limestone H2 TINKA RESERVOIR MAIN RESEVOIRS
Slide 15: Compelling Well Economics
THE NUMBERS Compelling Well Economics Denominated in USD unless otherwise stated. 1 Sproule 2P / 3P Type Curve estimates; 2 $6.50/mcf realized natural gas price, 35% tax rate; 3 Payout calculated using B-Tax NOI Note: See "Legal Disclaimers on Slides 1, 2 & 3 MARIA CONCHITA MARIA CONCHITA SUMMARY1,2
Slide 16: Significant Technical & Capital Markets Expertise
MANAGEMENT & BOARD OF DIRECTORS Significant Technical & Capital Markets Expertise BRIAN DON JORGE FONSECA VINCENZO MARIANELLA CARLOS PAES-BRAGA SEWELL CHAUMER PAGLOINE BERNAL NÚÑEZ DE LEÓN CEO PRESIDENT CFO SENIOR VP PLANNING SENIOR VP OF FINANCE CHIEF CORPORATE AFFAIRS & CHAIRMAN & DIRECTOR & DEVEL
Slide 17: Significant Technical & Capital Markets Expertise
MANAGEMENT & BOARD OF DIRECTORS Significant Technical & Capital Markets Expertise BRIAN RONALD HUMBERTO PATRICIA DON BRIAN PAES-BRAGA PANTIN CALDERON BERTI HERRERA PABA SEWELL O’NEILL CEO DIRECTOR DIRECTOR DIRECTOR PRESIDENT DIRECTOR & CHAIRMAN & DIRECTOR Managing Partner at SAF Co-founder, CEO and
Slide 18: Growing Production, Cash Flow and Significant Upside
WHY NG ENERGY Growing Production, Cash Flow and Significant Upside Industry leading growth trajectory projected Potential for significant reserve and for triple digit production growth over next 2-3 years resource expansion as current reserves and towards a production goal of 200MMcf/d1 resources de
Slide 19: www.ngenergyintl.com
Investor Relations +1-604-404-4335 investors@ngenergyintl.com TSX.V: GASX OTC: GASXF FRA: 56P Canada Office Bogotá Office Suite 321, 5940 MacLeod Trail Cl. 93b #11a-44 SW, Calgary, Alberta, T2H 2G4 Office 203 Canada Bogotá , Colombia www.ngenergyintl.com +1-604-404-4335 +57-1-7121235 TSX.V: GASX OTC
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