Mr. Brian Paes-Braga reports

NG ENERGY PROVIDES UPDATE ON PRODUCTION AND GAS SALES AT SINU-9

Further to NG Energy International Corp.'s news release dated Sept. 16, 2024, the company and its partners, Clean Energy Resources SAS and Desarrolladora Oleum, and its infrastructure partners, INFRAES SAS ESP, Surenergy SAS ESP and Union Temporal Sinu-9, have completed the commissioning of both the early production phase of the first central processing facility (CPF-1) and the 28.3-kilometre pipeline at Sinu-9. The pipeline has been commissioned to between 1,100 to 1,400 PSI, depending on provider requirements.

Additionally, the Ministry of Mines and Energy has approved a resolution for total production available for sale (PTDV) of 29.3 million cubic feet per day (MMcf/d) at Sinu-9: 19.5 MMcf/d from the Brujo-1X well and 9.8 MMcf/d from the Magico-1X well. The company expects production and sales of 10 MMcf/d from the Brujo-1X well to begin imminently as Promigas SA ESP is in the final stages of calibrating the Jobo connection point. Once complete, the company anticipates that production will increase at the Brujo-1X well through October until the end of the year. Additionally, all the necessary pipe to connect the Magico-1X well to the CPF-1 has been laid, with plans to bring the Magico-1X well into production over the coming weeks.

Don Sewell, president and a director of NG, commented: "Receiving the required approval and imminently bringing production from the Brujo-1X well on line through the CPF-1 are major milestones for the company, as it will transform NGE into a profitable business as production ramps up over the coming weeks. Once again, I would like to thank our team, partners and infrastructure partners who have worked tirelessly to make this project a reality. Colombia is in desperate need of more natural gas production and we continue to push to accelerate our development plan at Sinu-9 to address this domestic energy security issue."

Corporate update

In connection with the appointment of Leonardo Chavez as vice-president of operations on Aug. 26, 2024, he was granted 300,000 restricted share units of the company, subject to vesting and performance requirements.

About NG Energy International Corp.

NG Energy International is a growth-orientated natural gas exploration and production company focused on delivering long-term shareholder and stakeholder value through the discovery, delineation and development of large-scale natural gas fields in developing countries, supporting energy transition and economic growth.

We seek Safe Harbor.