NG Energy International Corp. announced the results of the SN-9 and Maria Conchita Blocks from the year-end 2020 resources reports prepared by Petrotech Engineering Ltd. SINÚ 9 Block in the Sinú San Jacinto Basin of Colombia: The company's working interest is 72%, subject to payment of ANH sliding scale royalties. The effective date of the resources reports is December 31, 2020. The chance of commerciality for the prospective resources is based on the product of the chance of discovery and the chance of development, and is assessed at 30.3% to 31.5%. No risk has been assessed to the contingent resources and prospective resources, as the leads have to be upgraded to prospects before risk can be addressed. Due to sparsely shot 2-D seismic data (31 2-D lines of 752 km), there is insufficient data for coverage to map certain closures. However, the block has 12 wells drilled previously with good geological data for correlation. The company would require sufficient funding to fulfill the committed work program and development if any discoveries are made. The Hechizo-1 Well was drilled by Ecopetrol in 1992 and the two drill stem tests from 4,056 to 4,080 feet and from 4,182 to 4,196 feet in the Ciénaga de Oro Formation were conducted by Schlumberger in 1993. Twelve prospects in the Porquero, Top Ciénaga de Oro and Intra Ciénaga de Oro with five leads have been identified using 2-D seismic data. These leads will require more information, either additional seismic data and/or drilling data, in order to upgrade the leads to prospects. There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources. The company intends to start an exploration drilling program, subject to receiving the required permits, in second quarter of this year. Maria Conchita Block in the Guajira Basin of Colombia: The Company's working interest is 80%, subject to payment of ANH sliding scale royalties. The effective date of the resources report is December 31, 2020. The chance of commerciality for the prospective resources is based on the product of the chance of discovery and the chance of development, and is assessed at 20.1% to 21.1%. The block is covered by 3-D seismic data and would require the identification of geobody facies to locate the gas accumulation which may be challenging. The company would require sufficient funding to fulfill the committed work program and development if any discoveries are made. A total of six prospects have been identified using 3-D seismic data and geobody facies mapping to detect the gas accumulation in the Miocene sands and one limestone section within the Aruchara and Tinka areas of the Maria Conchita Block. In addition, the company currently has 27.7 Bcf of gas and 5 Mbbl of condensate of proved and probable undeveloped reserves in the Maria Conchita Block. This information was discussed in the Company's news release of October 2, 2020. Petrotech Engineering Ltd., an independent qualified reserves and resources evaluator, has conducted both resources evaluations in accordance with the Canadian Oil and Gas Evaluation Handbook. They have also reviewed the contents of this news release and found it to be prepared in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities.