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NG Energy International Corp.
Video analysis: GASXF
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News: GASXF
NG ENERGY ANNOUNCES FILING OF Q2 2026 FINANCIAL RESULTS
Q2 production and financial highlights: Q2 2026 natural gas and NGL sales of US$10.8 million, a 14% increase over Q1 2026. YTD 2026 sales of US$20.3 million, a 24% increase year-over-year.
NG ENERGY ANNOUNCES RECEIPT OF C$26.5 MILLION FROM WARRANT EXERCISES
CALGARY, AB, Aug. 4, 2026 /PRNewswire/ -- NG Energy International Corp. ("NGE" or the "Company") (TSX: GASX) (OTCQX: GASXF) is pleased to announce that it has received total proceeds of C$26,509,500.00 from the exercise of 29,455,000 common share purchase warrants issued on July 31, 2023 (the "July 2026 Warrants"), which have an exercise price of $0.90 each, with approximately C$22 million received since the end of Q1 2026. The Company originally issued 35,000,000 July 2026 Warrants in connection with the Company's private placement of senior secured convertible debenture units, which was completed on July 31, 2023.
NG ENERGY PROVIDES UPDATE ON OPERATIONS AT SINU-9 AND MARIA CONCHITA
Magico-2X, the second well of the six-well 2026 drilling program at Sinú-9, was spudded on June 26, 2026, primarily targeting the newly discovered Pre-CDO–San Cayetano formation. INFRAES pipeline loop to Jobo has been completed; commissioning activities at the Jobo and Guayabal facilities are underway over the coming weeks, expected to increase transportation capacity at Sinú-9 to 40–45 MMcf/d gross (15.6–17.6 MMcf/d net).
