
NG ENERGY ANNOUNCES FILING OF Q2 2026 FINANCIAL RESULTS
PRNewsWire
Published: Aug 13, 2026, 11:18 AM
Sentiment Analysis
CALGARY, AB , Aug. 13, 2026 /PRNewswire/ -- NG Energy International Corp. (" NGE " or the " Company ") (TSX: GASX) (OTCQX: GASXF ) is pleased to announce that it has filed its financial results for the three and six months ended June 30, 2026.
The Company's interim condensed consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2026, are available on the Company's website ( www.ngenergyintl.com ) and profile on SEDAR+ ( www.sedarplus.ca ).
Q2 2026 Highlights Revenue: Q2 2026 natural gas and NGL sales of US$10.8 million, a 14% increase over Q1 2026 sales of US$9.5 million and an 8% increase over Q2 2025 sales of US$10.0 million. YTD 2026 natural gas and NGL sales of US$20.3 million versus US$16.4 million in YTD 2025, a 24% increase year-over-year.
Pricing: Blended realized natural gas price of US$8.35/Mcf in Q2 2026 versus US$7.20/Mcf in Q2 2025, a 16% increase year-over-year, reflecting the Company's contracted pricing in a structurally favourable Colombian natural gas pricing environment. Maria Conchita realized a natural gas price of US$9.20/Mcf under long-term offtake agreements, with new incremental volumes expected to be sold at ~US$11.50/Mcf in the Colombian spot market. Sinú-9 realized a natural gas price of US$7.02/Mcf under contracted offtake agreements up to 25 MMcf/d gross, with volumes above this threshold expected to be sold at ~US$13.00/Mcf into the Colombian spot market as production scales through the balance of the ongoing drilling campaign.
Net Production: Combined average daily net production for sale of 14.222 Mcf/d in Q2 2026, a 15% increase over Q1 2026 net production for sale of 12.413 Mcf/d, comprising 8.654 Mcf/d net from Maria Conchita at the Company's 80% working interest and 5.568 Mcf/d net from Sinú-9 at the Company's 39% non-operating working interest. During the first week of August 2026, gross production at Sinú-9 stood at approximately 27.74 MMcf/d (10.81 MMcf/d net to NGE), approximately double the block's Q2 2026 average, and at the technical limit of existing export capacity, with ...
Source: PRNewsWire
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