Calgary-Based NG Energy Fuels Global Growth with Strong Q3, Reinforcing City's Energy Capital Status

Robust Q3 Performance from NG Energy

Calgary-headquartered NG Energy International Corp. (TSXV: GASX, OTCQX: GASXF) recently announced impressive financial results for the third quarter ended September 30, 2025. The company reported gross average daily production of 27.2 MMcf/d, with November month-to-date figures climbing to 33.8 MMcf/d. Natural gas and NGL sales surged to US$13.9 million, a significant 53% increase over Q3 2024, driven by strong performance from its Colombian operations. Under CEO Jorge Fonseca and Executive Chairman Brian Paes-Braga, NG Energy also generated US$7.9 million in positive cash flow from operations.

Calgary's Enduring Global Energy Influence

While NG Energy's operational successes are abroad, these robust results underscore Calgary's vital role as a global energy capital. The strong performance of a Calgary-based firm, even with international assets, contributes significantly to the city's economic reputation and resilience, fostering high-value employment in corporate management, finance, and engineering.

Attracting Investment and Expertise

This growth indirectly attracts further investment into Calgary's capital markets and the broader energy sector. The city has a deep-rooted history as a strategic command centre for energy projects, extending its influence far beyond Alberta's borders, exemplified by NG Energy's global achievements.

Policy Environment and Strategic Outlook

The company's success also resonates with Alberta's evolving energy policy landscape. Amidst discussions of a potential federal-provincial energy deal and recent legislation like Bill 8, the province continues to cultivate a stable and attractive investment climate. NG Energy's strategic moves, including the agreement to sell a 40% operating working interest in the Sinú-9 Block to Etablissements Maurel & Prom S.A., highlight the dynamic nature of Calgary's energy firms operating on a global scale.