tiprankstipranks
LNG Energy Group Announces Venezuelan Reserves Valuation
Company Announcements

LNG Energy Group Announces Venezuelan Reserves Valuation

Story Highlights

LNG Energy Group (TSE:LNGE) has released an update.

Don't Miss our Black Friday Offers:

LNG Energy Group has released an interim reserves evaluation of its assets in Venezuela, revealing a before-tax net present value of $393 million for its proved plus probable reserves. This evaluation highlights the company’s significant potential in the Latin American oil and gas industry, with assets spanning over 422,797 acres and a mix of light and medium crude oil and natural gas.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLNG Energy Group Expands Amid Solid Q2 Financials
TipRanks Canadian Auto-Generated NewsdeskLNG Energy Group Unveils New Oilfield Services Division
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App