NG Energy International Corp. announced that all three phases of drilling at Aruchara-3 have been completed on time and under budget to a total depth of 9,050 feet. While drilling Phase II of the well, the Company encountered 570 feet of net gas pay in the H4-H3 sections of the Jimol formation.

This new zone was identified between 6,000 feet and 7,500 after experiencing gas showings (C1-C5+) throughout the 1,500 feet. NGE, with the support of its technical team using leading drilling and logging technology, confirmed this zone as a possible new finding after successfully logging the well. While drilling and logging Phase III of the well, which reached the total depth of 9,050 feet, the Company identified 150 feet of net gas pay in the zone.

The Company will commence the testing of all potentially productive zones including the newly identified zone in Phase II with drill stem tests ("DSTs") in order to assess the best way to complete the well.