NG Energy International Corp. CEO Serafino Iacono (TSXV: GASX) (OTCQX: GASXF) (FRA: 56PQ)
Channel: RICH TV LIVE
Date: 29/12/2021

This video was filmed September 30.2021

NG Energy International Corp. CEO Serafino Iacono (TSXV: GASX) (OTCQX: GASXF) (FRA: 56PQ) - RICH TV LIVE - December 29, 2021 - #ngenergy #serafinolacono #richtvlive #gasx #gasxf #interview #ceo #oil #gas #energy #business #news #finance #education #entertainment #stocks #trading #money #pennystocks #rich #richpicksdaily #richtv

Serafino Iacono, Chief Executive Officer & Director
Serafino Iacono has over three decades of experience in capital markets and public companies and has raised more than $4 billion for numerous natural resource projects internationally. Mr. Iacono is the former Co-Chairman and Executive Director of Pacific Rubiales. He also currently serves as an Executive Chairman at Gran Colombia Gold Corp, a mid-tier gold producer in Colombia.

 Colombian based management team with significant in-country experience
 Strong technical experience within Colombian basins
 Strong capital markets expertise having led large public resource companies in the past

– NG Energy International Corp. (“NGE” or the “Company”) 
(TSXV: GASX) (OTCQX: GASXF) is pleased to announce that, as part of the recently announced 
environmental license, the National Authority of Environmental Licenses (“ANLA”) has approved the 
Company’s petition for the drilling of 22 wells and the associated work programs for the construction of 
associated surface infrastructure, including roads and pads, for those wells covered within the SINU-9 
environmental license. With the receipt of ANLA approval, the Company has commenced efforts for these 
surface construction projects. 
Following the Company’s press release on September 10, 2021, which announced receipt of the SINU-9 
environmental license, the Company’s management team has decided to start the SINU-9 phase 1 drilling 
campaign in the northern area of the field (the “North Area”) as it is the most prospective area from a 
resources standpoint, with an access road already in place requiring less time for initial civil work before 
drilling operations commence. Accordingly, the first two wells in the Company’s fully-funded four-well 
drill program will be focused in the North Area. According to the Resources Report released by Petrotech 
Engineering Ltd. earlier this year, dated December 31, 2020, 51.4 BCF of Unrisked Contingent Resources 
and 269 BCF of Unrisked Prospective Resources (at 100% WI) were confirmed in the North Area. 
The Company has commenced design planning for modifications to the existing road and construction of 
the new pad in anticipation of the drilling of the Hechizo Norte-1 well, which will immediately be followed 
by the drilling of the Hechizo Este-1 well, in the first months of 2022. Under the direction of CPVEN, a 
suitable drilling rig has been contracted and all steps in relation to drilling permits through the national 
authorities is underway.
Executive Chairman Ronald Pantin commented, “We as a management team are very excited to advance 
our work on the SINU-9 block. Our refined exploration program is based on the area with the highest 
number of Contingent and Prospective Resources, reducing exploration risk. The program is based on the 
results of the production tests on Hechizo-1 in 1992 and on strong evidence of gas bearing formations due 
to the presence of AVO interpretations with several flat and bright spots.”

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