NG Energy International (TSE:GASX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
NG Energy International is set to expedite its Sinu-9 project development to tackle an impending domestic gas shortage in Colombia, with plans to increase its infrastructure capacity by 76 MMcf/d. The company is embarking on a 9-well drilling program and has secured up to C$30 million through a brokered private placement, indicating strong support from Canadian and international investors.
For further insights into TSE:GASX stock, check out TipRanks’ Stock Analysis page.
