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NG ENERGY SIGNS DEFINITVE AGREEMENTS TO CONNECT SINU-9 BLOCK TO NATIONAL INFRASTRUCTURE

Newswire.ca - Mon Nov 27, 2023

TORONTO, Nov. 27, 2023 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that, further to the Company's press release on September 28, 2023, it has signed definitive agreements with INFRAES S.A.S E.S.P and Surenergy S.A.S E.S.P (the "Contractors") to complete infrastructure construction required for commercial production from Sinu-9. Since the previous press release, the Contractors have advanced all permitting and social work over the right-of-way to near completion, have procured the equipment for the gathering and processing plant, and have received all pipe required for installation. Construction of both the gathering and processing plant and pipeline are underway with the Contractors, who remain on track to deliver 30 MMcf/d of pipeline capacity in the first half of 2024.

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