From GlobeNewswire: 2025-01-20 18:39:42

LNG Energy Group Corp. provided an update on its strategic review process to enhance shareholder value. The company is farming out a portion of its participating interest in Colombia and pursuing financing for drilling. An agreement with ECM Capital Advisors Inc. was made to assess strategic alternatives. The company also amended a senior secured credit agreement to allow for strategic initiatives. Forward-looking statements were made regarding business plans and initiatives. Risks include access to capital, regulatory approvals, and commodity prices. The company will update on any changes and there is no guarantee of successful transactions.



Read more at GlobeNewswire: LNG Energy Group Announces Update to Strategic Review