NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF) has announced that glycol and dehydration units have arrived at its Maria Conchita site and contractor GTX has completed the assembly of the gas plant. The plant is now mechanically ready to begin pre-commissioning and commissioning, starting with nitrogen testing in the coming days to determine if there are any leaks in the interconnections that need to be adjusted. This will be followed by hydrostatic and electric testing after which the plant will be programed to produce between 16 and 20 million standard cubic feet per day of natural gas (MMSCFPD) in accordance with the expected production rates.
Ronald Pantin, Executive Chairman of NGE commented, “we look forward to keeping our shareholders apprised as we transition from a developer to a producer and begin selling natural gas into the premium priced Colombian marketplace.”
NG Energy International Corp. is a publicly traded E&P company with a business model focusing on producing and bringing gas to the premium priced Colombian gas market from its concessions, SN-9, a 311,353 acre block which is adjacent to Canacol’s Nelson field, as well Maria Conchita, a 32,518-acre block located in the Atlantic coastal region of La Guajira.