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NG Energy – Introducing this near term natural gas producer with 3 assets in Colombia

Cory
November 2, 2021

Serafino Iacono, CEO of NG Energy (TSX.V:GASX – OTC:GASXF) joins us to introduce this near term natural gas producer focused in Colombia. The Company has 3 assets, 2 of which have straightforward pathways to production, Maria Conchita and SINU 9.

 

We have Serafino start by detailing the stage of each Maria Conchita and SINU 9 and outline the work planned to bring each into production. We also touch on the third asset, Tiburon, which is much larger and a good option to JV to another company. 

 

If you have any follow up questions for Serafino please email us at Fleck@kereport.com or Shad@kereport.com.

 

 

 

Click here to visit he NG Energy website and learn more about the Company.

Discussion
7 Comments
    Nov 02, 2021 02:36 PM

    Natural Gas Futures Pare Losses as Models Hint at November Cold Returning
    .
    Jeremiah Shelor – November 2, 2021
    .
    “We see changes around the middle of the month in the projected pattern that suggest there is risk to move back colder down the road, as a new eastern U.S. trough arrives on the scene underneath a redeveloping block in the North Atlantic,” Bespoke said. “While we have discussed the possibility of colder variability later in the month, the pattern seems to be evolving faster, both with the speeding up of the warming in the wake of this week’s colder days and now the possible turn back colder later in the month.”
    .
    “Should this turn colder continue to roll forward in the projection period, prices would be poised to continue climbing from current levels, according to the firm.”
    .
    https://www.naturalgasintel.com/natural-gas-futures-pare-losses-as-models-hint-at-november-cold-returning/

    Nov 02, 2021 02:39 PM

    Russia Keeps Europe Waiting On New Gas Supplies
    .
    By Katya Golubkova and Oksana Kobzeva
    .
    “Russia’s Gazprom (GAZP.MM) declined to book extra capacity to ship more gas to Europe from January at auctions on Tuesday, a step that would have helped ease prices in a market haunted by worries about Moscow’s intentions.”
    .
    “Russia provides a third of Europe’s gas and its supply intentions are critical at a time when spot prices across the continent have surged, hitting households and businesses alike.”
    .
    “Moscow has said it is meeting its contractual obligations in full though the International Energy Agency and some European politicians have suggested Moscow can do more.”
    .
    https://www.reuters.com/business/energy/gazprom-fails-book-more-gas-transit-europe-despite-kremlin-reassurance-2021-11-02/

    Nov 02, 2021 02:35 PM

    Great interview. I need to buy more.

      Nov 02, 2021 02:22 PM

      I was thinking the same thing Lakedweller2. That’s quite a production growth profile they have coming on at both Maria Conchita and SINU 9, with Tiburon being the blue sky exploration upside. Also, Nat Gas is back up to where it should be historically in relation to Oil, and energy prices have been quite robust all year, and look like they are going to stay well bid into next year.

        Nov 03, 2021 03:48 AM

        I am going wait and see if Powell will get me a better price. He is pretty good at making anything I invest in go lower just by saying mostly nothing…wish me luck today.

          Nov 03, 2021 03:57 AM

          Good luck today sir.

            Nov 03, 2021 03:45 PM

            Added about 30% so I will continue to look for more opportunities as Powell fell short of making an impact today.