NG ENERGY ANNOUNCES FILING OF ANNUAL AUDITED CONSOLIDATED FINANCIAL STATEMENTS

Core Viewpoint - NG Energy International Corp. has filed its annual audited consolidated financial statements for the fiscal year ended December 31, 2025, highlighting significant operational achievements and financial performance, including record natural gas sales and production levels [1][3]. Financial Performance - FY 2025 natural gas and NGL sales reached a company record of US$44.6 million [3][4]. - The company reported cash flow from operating activities of US$3.5 million for FY 2025, with Q3 2025 generating US$7.9 million, marking the strongest single quarter in company history [8]. - The operating netback was approximately US$2.07/Mcf in FY 2025, influenced by non-recurring costs that have since been resolved [8]. Production Highlights - Dual-field production was achieved with the Sinú-9 Block commencing commercial production in late March 2025 [3][4]. - Q4 2025 saw a combined gross average daily production of approximately 20,934 Mcf/d, the highest quarterly rate in company history [3][4]. - The Sinú-9 Block produced at an average rate of 12,377.2 Mcf/d since its production commencement, while the Maria Conchita Block averaged 6,783.0 Mcf/d, affected by a mechanical obstruction that has since been resolved [4][8]. Operational Developments - A seven-well drilling program for 2026 is underway, with the Hechicero-1X well progressing as expected [3][8]. - The Aruchara-5 well at Maria Conchita is anticipated to be spudded soon, targeting the Jimol formation [8]. - The company has reduced its Macquarie debt principal by 34% during FY 2025, from US$35.0 million to US$23.0 million [8]. Reserves and Resources - The year-end reserves report indicated a 67% increase in 1P NPV10, a 50% increase in 2P NPV10, and a 42% increase in 3P NPV10 over the previous year [8][12]. - Contingent resources NPV10 increased by 73%, and prospective resources NPV10 rose by 50%, driven by production data from the Sinú-9 Block and updated pricing reflecting Colombia's natural gas supply deficit [8][12]. Strategic Initiatives - The company has submitted an application to uplist its securities to the Toronto Stock Exchange, which is currently under review [8][11]. - A total of CAD$6.3 million has been raised through the exercise of options and warrants since the year-end [8]. Leadership Commentary - The CEO emphasized the company's successful navigation of operational challenges and the importance of the transformational transaction with Maurel & Prom, positioning the company for growth in 2026 [7][9].