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NG Energy Sees Magico-1X Production Hit 12.2 MMcf/d

Summary by The Deep Dive
NG Energy (TSXV: GASX) this morning is reporting that it has seen steady production volumes from two of its wells at the Sinu-9 Block, with each well producing over 10 MMcf/d of gas. At Magico-1X, NG Energy saw the well increase production from 7.4 MMcf/d at a 32/64″ choke to 12.2 MMcf/d at a 50.5/64″ choke over a twenty day period. The well is said to have maintained a reduced drawdown of wellhead pressure, with minimal condensate in the gas. T…
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the deep dive broke the news in on Friday, April 25, 2025.
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