NG Energy spuds Aruchara-4; Sinu-9 hits 22 MMcf/d

Mr. Brian Paes-Braga reports NG ENERGY ANNOUNCES SPUDDING OF ARUCHARA-4 AT MARIA CONCHITA AND PROVIDES SINU-9 PRODUCTION UPDATE NG Energy International Corp. has spudded the Aruchara-4 well at Maria Conchita and that aggregate gross production from Sinu-9 has reached 22 MMcf/d (million cubic feet per day). The company is also pleased to provide an operational update for both Maria Conchita and Sinu-9. Maria Conchita At Maria Conchita, the company has commenced drilling of the Aruchara-4 well, which targets the Jimol formation and aims to develop the H1A and H1B accumulations while exploring the potential extension of reserves and resources in the H2 AA section and H3 and H4 fractures, as well as testing the limestone formation on top of the basement of the well. The Aruchara-4 well will be drilled to a total depth of 10,000 feet in four phases and upon successful completion, is expected to be tied in by the end of September, 2025. Following the drilling of the Aruchara-4 well, the rig will immediately commence a workover and recompletion of the Aruchara-3 well to address a down hole mechanical obstruction, restoring it to full production capacity, before moving to commence drilling of the Aruchara-5 well. Sinu-9 At Sinu-9, the company is pleased to announce that production has increased to 22 MMcf/d while meeting the Unified Transportation Regulation's dew point quality standards. Installation of dew point handling equipment at the central processing facility is nearing completion, with full installation expected by the end of August. Following installation of the dew point handling equipment, aggregate gross production at Sinu-9 is expected to increase up to 30 MMcf/d, filling current pipeline capacity. As announced in the company's June 23, 2025, news release, construction is underway on a twin pipeline with the company's infrastructure partner Infraes, which will double transportation capacity from Sinu-9. This project is being completed in two phases: (1) an 18-kilometre loop from Jobo along the existing right of way, which will increase transportation capacity at Sinu-9 to 40 MMcf/d to 45 MMcf/d; and (2) the full twin pipeline, which will increase transportation capacity at Sinu-9 to 60 MMcf/d and is expected to be completed in Q1 2026. 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 the Americas, supporting energy transition and economic growth. NGE'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.)/MMBtu (million British thermal units)) with projected triple digit production growth over the next two to three years toward a production goal of 200 MMcf/d. To date, the company has raised over $200-million (U.S.) in debt and equity and has constructed and commissioned three gathering, processing and treatment facilities, and associated pipelines with gross processing and transportation capacity of 60 MMcf/d expected in Q3 2025 with significant capital contributions from insiders who currently own approximately 32 per cent of the company. We seek Safe Harbor.