TSX.V – GASX

OTC – GASXF

FRA – 56P

Assets

SINU-9
Maria Conchita
Tiburón

Production

Maria Conchita

80% WI

Gas production commenced from the Aruchara-1 is currently at 7 MMSCFD with production volume expected to ramp to 16 MMSCF/d

 

Development

SINU-9

72% WI

Brujo-1X well was one of the thickest gas columns ever encountered in the Lower Magdalena Basin testing 11.2, 18.2, and 21.2 MMSCF/d from 3 drill stem tests in the Ciénaga de Oro (CDO) formation

 

Exploration

Tiburón

10-40% WI

Blue sky asset with excellent natural gas exploration potential; NG intends to shoot seismic and possibly farm out