GASXFNG Energy International Corp.

About NG Energy International Corp. (GASXF)

NG Energy International Corp. (GASXF) is a Oil & Gas E&P company headquartered in Vancouver, BC, Canada whose shares trade over-the-counter on the OTCQX tier.

NG Energy International Corp. is a growth-orientated natural gas exploration and production company focused on delivering long-term shareholder and stakeholder value through the discovery, delineation and development of large-scale natural gas fields in developing countries, supporting energy transition and economic growth. NGE's team has extensive technical and capital markets expertise with a proven track record of building companies and creating significant value in South America. In Colombia, the Company is executing on this mission with a rapidly growing production base and an industry-leading growth trajectory, delivering natural gas into the premium-priced Colombian marketplace (~US$8/MMBtu) with projected triple digit production growth over the next 2-3 years towards a production goal of 200 MMcf/d. The Company expects to achieve >150% increase in 2024 and has seen a 551% year-over-year increase in 3P reserves, 314% year-over-year increase in 2P reserves and 241% increase in 1P reserves. To date, over US$100 million has been invested in the exploration and development of Sinu-9 and Maria Conchita with significant contributions from insiders who currently own 42% of the Company. Recently, Macquarie Group provided financing of up to US$100 million, including initial committed funding of US$50 million, resulting in a fully-funded 2024/2025 development plan and aligning NGE with a global financial institution.

Products and services

NG Energy is a natural gas company incorporated in Canada and is engaged in the acquisition, exploration, development, and exploitation of natural gas assets in Colombia. The Company’s current asset portfolio is comprised of one appraisal and two exploration natural gas assets in Colombia.

GASXF key facts

Ticker symbol

GASXF

Market tier

OTCQX

Sector

Energy

Industry

Oil & Gas E&P

Headquarters

Vancouver, BC, Canada

Country of incorporation

CA

Year of incorporation

2017

Employees

27

Estimated market cap

$157.89M (as of Apr 10, 2025)

Shares outstanding

257,774,340

Reporting standard

International Reporting: TSX Venture Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Interim Financial Report (Sep 30, 2024)

NG Energy International Corp. leadership

• Brian Paes-Braga — CEO
• Don Sewell — President
• Jorge Fonseca Chaumer — CFO
• Marianella Bernal Parada — VP, Corp. Fin.
• Lynn Chapman — Controller
• Victoria Allen — Other
• Cassandra Richards — Other
• Alexander Bogh Karlsen — Legal Counsel

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