Lng Energy Group Corp. (TSE:LNGE) has released an update.
Lng Energy Group Corp. reports a significant 26% surge in 2023 year-end before-tax NPV10 value of its Proved plus Probable reserves to $306 million, roughly equating to C$2.67 per share. The company’s reserves boast a healthy life index, with 1P reserves lasting 7.9 years and a high net replacement ratio of 193%. These promising figures come amidst a dynamic natural gas market in Colombia, where the firm’s assets are strategically located.
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