Northwire Canada EditionThursday, October 15, 2026
Northwire
⌕
GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Production / Operations

NG ENERGY ANNOUNCES FILING OF ANNUAL AUDITED CONSOLIDATED FINANCIAL STATEMENTS

NG Energy Files Audited FY25 Results, Confirms Execution But Lacks Fresh Catalysts as Stock Consolidates

Executive Summary
  • NG Energy filed its FY2025 audited consolidated financial statements on SEDAR+ on March 30, 2026.
  • FY2025 natural gas and NGL sales reached a record US$44.6M, with Q4 2025 gross production peaking at ~20,934 Mcf/d.
  • Operating cash flow for FY2025 was US$3.5M, though Q3 2025 alone generated a record US$7.9M.
  • Macquarie loan principal was reduced by 34% to US$23.0M via US$12.0M in repayments.
  • The US$150M Maurel & Prom (M&P) transaction for the Sinú-9 Block closed in January 2026; NG Energy received US$87.5M to date, with the remaining US$62.5M due in April and July 2026.
  • A seven-well drilling program is underway, including the spudded Hechicero-1X at Sinú-9 and the pending Aruchara-5 at Maria Conchita.
  • Pipeline capacity at Sinú-9 is slated to expand to 40 MMcf/d in Q2 2026.
  • Approximately 6.9M options and warrants were exercised, generating CAD$6.3M.
  • The company has applied for a TSX uplisting, which remains under review.
Material Impact
  • The March 30 filing is a confirmation of previously disclosed operational and financial metrics. The US$150M M&P deal, production ramp-up, drilling schedule, and debt reduction were all detailed in prior releases (November 2025, December 2025, January 2026).
  • The market has already priced in the transaction closure and production growth, evidenced by the stock's run from ~$1.02 in late January to a peak of $1.70 in early March, followed by a pullback to $1.45.
  • The filing provides no new guidance, surprise catalysts, or revised financial projections. It serves as an administrative validation of management's prior claims.
  • Impact is positive but fully anticipated. The stock's recent consolidation suggests the news is digested and lacks incremental market-moving power.
GASX · Price
Company Overview
  • NG Energy International Corp. is a Canadian-listed natural gas producer operating in Colombia.
  • Flagship assets are the Sinú-9 Block and Maria Conchita Block, both in commercial production.
  • Post-transaction, NG Energy holds a 39% non-operating working interest in Sinú-9, with Maurel & Prom holding 61% and operatorship. Maria Conchita remains under NG Energy's operational control.
  • The company's strategy focuses on scaling production through infill drilling, expanding midstream infrastructure, and capitalizing on Colombia's premium domestic gas pricing environment.
Read the original news release →

More from NG Energy International Corp.