Next Generation Energy Corporation (OTCQB: NGMC) (“Nextgen”) is an exploration-stage natural resource development company with the potential for rapid growth in share price.
Over the past year, NGMC has acquired rich natural resource properties that are undervalued or under-utilized, and are currently producing or near production. Once acquired, NGMC outsources all exploration, upgrades, drilling and mining operations through leases with well-known, environmentally-conscious operators. This business model has a consistent and predictable revenue stream without the risk or expense of development. Plus, by aligning itself with well-established companies in the energy development business, NGMC gains access to advanced technologies that can further boost profit potential and ramp up production levels.
IT'S A CYCLE OF PROFITS AND NOW YOU ARE AMONG THE FIRST TO KNOW ABOUT IT. Royalty cash produced from the properties can be reinvested back into NGMC to acquire additional properties in order to keep the cycle of profits coming. With gas prices on the rise, NGMC has explosive profit potential.
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NGMC is poised to dramatically increase in value, and could generate returns of at least five-fold in the near-term. Consider the facts:
Low-Risk/ High-Reward Profile - NGMC is only acquiring U.S based assets in areas of proven reserves, and thereby eliminates the risk of exploration and development costs.
Geographic Focus - Initially NGMC has focused on the Devonian Shale formations in Kentucky and the Lower Huron in Southwestern West Virginia with subsequent acquisitions in the Hainesville Shale in Louisianaand Permian Basin in West Texas
NGMC has a royalty interest in an existing, producing natural gas and oil property located in the Permian Basin, Tri-Rue (Reef) Field, in Scurry County, Texas. The property is producing approximately 1,000 barrels of oil and 660 MCF of natural gas per month. The Canyon Reef Formation is on the edge of the Permian Basin and one of the most prolific oil and natural gas formations in West Texas. Both the oil and natural gas is marketed through Sunoco, Inc., (R&M), a subsidiary of Sunoco, Inc. (NYSE: SUN). NGMC anticipates that this property, which was recently completed, will provide Next Generation Energy stable royalty income for the long term.
NGMC has a Mineral Royalty Interest in a producing, prolific natural gas well in the well- known Hainesville Shale formation in Louisiana producing over 230,000 Mcf per month.This property has potential upside because of an estimated potential of 6 to 7 additional wells that can be drilled in the Unit with estimated reserves of 40-56 Billion cubic feet of natural gas.
The Company doubled its interest in the Hainesville Shale property described above because of the size of the reserves, the fact that it is a relatively new well and in the early stages of its decline curve and the likelihood of additional wells being drilled. Additionally, the operator of this unit is Chesapeake Operating, a unit of Chesapeake Energy ( NYSE: CHK), the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S.
Ground floor Opportunity - NGMC is establishing streams of high-quality royalty income and plans on dramatically increasing its number of drilled, gas-producing properties to create substantial returns for its shareholders over the next several years. Shares could easily go up 5-10-fold within 12 months.
By David Falchek (Staff Writer) thetimes-trbune.com
While consumers wait for filling stations, there may be another option. Owners of natural gas vehicles can fuel up their cars with the same gas that cooks their food and heats their water with home fueling stations.
"You pull into your garage at the end of the night, fill your tank and get full range in the morning," said Todd Hartje, head of market requirements for fleet operations for Chrysler Corp.
Todd Campbell of Clean Energy, which operates CNG filling stations, said “the level of awareness among the public and attention from the federal government make a broad-based adoption of the natural gas vehicle almost inevitable.”
“The economics are in favor of natural gas,” billionaire T. Boone Pickens said in a Dec. 19 phone interview. “During the oil crisis in the 1970s, it took only about five or six years for the U.S. truck fleet to switch from gasoline to diesel. It’s going to happen that way for natural gas.”
One of NGMC's areas of geographic focus is in the Devonian Shale regions of Eastern Kentucky. The availability of new mining technologies such as horizontal drilling and hydrologic fracturing are turning the Devonian shale deposits into one of today’s most attractive natural gas locations. Advancements in drilling and coal mining technologies increase productivity, reduce operating costs and improve safety.
NGMC does not directly bear operating costs, distractions or risks associated with resource extraction operations, such as operating drill rigs, mine excavators, etc., and therefore minimizes its exposure to regulatory agency compliance, permitting and labor risks.
With its low-risk, high-reward business model, experienced natural resource partnerships and internal leadership team, NGMC represents an exciting ground floor opportunity to maximize shareholder returns.