NG Energy Set to Boost Gas Production at Sinu-9

NG Energy International (TSE:GASX) has released an update.

NG Energy International Corp. has successfully completed the early production phase of its Central Processing Facility and the commissioning of its Sinu-9 pipeline, with imminent gas production and sales expected from the Brujo-1X well. The Ministry of Mines and Energy has approved a significant total production available for sale, positioning the company to become profitable as it ramps up production to meet Colombia’s growing natural gas demand.

For further insights into TSE:GASX stock, check out TipRanks’ Stock Analysis page.