Mr. Brian Paes-Braga reports

NG ENERGY PROVIDES UPDATE ON SINU-9 PRODUCTION

NG Energy International Corp. has achieved steady production volumes in excess of 10 million cubic feet per day from its Magico-1X well and Brujo-1X well with the successful gathering, treatment, compression and delivery of the gas under the Unified Transportation Regulation's (RUT) quality conditions to the Promigas National Transportation System.

From the Magico-1X well, over the course of 20 days, the company gradually increased production from 7.4 million cubic feet per day at a 32/64ths-inch choke to 12.2 million cubic feet per day at a 50.5/64ths-inch choke while maintaining a reduced drawdown of the wellhead pressure, producing minimal condensates in the gas and maintaining humidity well under 3.5 pounds per million cubic feet, thus fully in compliance with RUT conditions. The well significantly outperformed the drill stem tests (DSTs) completed in August, 2022, for example:

• 32/64ths-inch choke:
  • August, 2022, DST -- production rate of 5.8 million cubic feet per day and wellhead pressure of 1,100 pounds per square inch;
  • Versus March, 2025 -- production rate of 7.4 million cubic feet per day and wellhead pressure of 1,180 pounds per square inch;
• 48/64ths-inch choke:
  • August, 2022, DST -- production rate of 10.4 million cubic feet per day and wellhead pressure of 1,000 pounds per square inch;
  • Versus April, 2025 -- production rate of 10.9 million cubic feet per day and wellhead pressure of 1,028 pounds per square inch.

After producing from the Magico-1X well for 20 days with positive results, the company shut in the Magico-1X well and switched to the Brujo-1X well, which is currently producing. Thus far, from the upper zone of the Brujo-1X well, over the course of 10 days, the company gradually increased production from 7.7 million cubic feet per day at a 30/64ths-inch choke to 10 million cubic feet per day at a 40/64ths-inch choke while maintaining a reduced drawdown of the wellhead pressure, producing an average of 0.15 barrel per day of condensates in the gas and maintaining humidity well under 2.0 pounds per million cubic feet, thus fully in compliance with RUT conditions. The initial production test results of the upper zone of the Brujo-1X well outperform the DST completed in August, 2022, with significantly lower drawdowns and higher flow rates as the choke is increased.

"We are very pleased with the production of our Magico-1X and Brujo-1X wells at Sinu-9 and the management of the dew point of our gas through the Infraes mobile plant," said Brian Paes-Braga, chief executive officer and chairman. "The last month of production has confirmed that, with the right surface solutions and partners, we can unlock one of the most prolific gas reservoirs in Colombia at Sinu-9."

Production capacity at Sinu-9 is expected to be increased to over 40 million cubic feet per day by early Q3 2025 after the installation of equipment for the processing of condensates associated with gas production at the company's central processing facility, which was originally commissioned in November, 2024.

About NG Energy International Corp.

NG Energy is a growth-oriented 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. NG Energy's team has extensive technical and capital markets expertise with a proven record of building companies and creating significant value in South America. In Colombia, the company is executing on this mission with a rapidly growing production base and an industry-leading growth trajectory, delivering natural gas into the premium-priced Colombian marketplace (approximately $8 (U.S.) per million British thermal units) with projected triple-digit production growth over the next two to three years toward a production goal of 200 million cubic feet per day. To date, over $100-million (U.S.) has been invested in the exploration and development of Sinu-9 and Maria Conchita with significant contributions from insiders who currently own approximately 32 per cent of the company.

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