NG Energy Announces Progress at Its Colombian Caribbean Petroleum Projects

NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF) has announced the commencement of drilling at the Aruchara-4 well at the Maria Conchita block in La Guajira, Colombia, and an increase in production at the Sinu-9 block in Córdoba, Colombia.

At the Maria Conchita block, the Aruchara-4 well is being drilled to a total depth of 10,000 feet. The well targets the Jimol formation and aims to develop the H1A and H1B accumulations. The company will also explore the potential for reserve and resource extension in the H2 AA section and H3 and H4 fractures, and test the limestone formation on top of the well’s basement. The well is expected to be completed and tied in by the end of September 2025.

After the drilling of Aruchara-4, the rig will be used for a workover and recompletion of the Aruchara-3 well to address a downhole mechanical obstruction. The company will then proceed with the drilling of the Aruchara-5 well.

At the Sinu-9 block, gross production has reached 22 million cubic feet per day (MMcf/d). The company is completing the installation of dew point handling equipment at the Central Processing Facility, with full installation expected by the end of August. Once the equipment is installed, aggregate gross production at Sinu-9 is projected to increase to up to 30 MMcf/d.

The company is also working with its infrastructure partner, INFRAES, on the construction of a twin pipeline to double transportation capacity from Sinu-9. The project is being completed in two phases. The first phase, an 18-kilometer loop from Jobo, is expected to increase transportation capacity to 40 – 45 MMcf/d. The second phase, the full twin pipeline, is expected to be completed in the first quarter of 2026 and will increase transportation capacity to 60 MMcf/d.

Aruchara-4 Drilling Rig. Photo credit: CNW Group/NG Energy International Corp.