08:41 AM EDT, 08/06/2024 (MT Newswires) -- NG Energy International ( GASXF ) on Tuesday provided a development update for its flagship Sinu-9 gas project in Colombia as well as changes to its board of directors and senior management team.

The company said it has made "significant progress across all activities" and is now in the final stages of completing construction activities for the completion of its Phase 1 infrastructure project at Sinu-9.

Facilities equipment mobilization and assembly is in the final stages and pipeline connections are nearing completion, which will enable early production by the end of August and full production in September.

The company has accepted Serafino Iacono's resignation as director and Co-Chairman of the Board, and has also accepted Federico Restrepo-Solano's resignation as a director of NGE, who resigned as the company's President and Chief Development Officer on July 3, 2024

The company also announced the appointment of Don Sewell as president. Sewell has been integrally involved in the company's operations and, in particular, the advancement of the Sinu-9 Phase 1 infrastructure project.