Kolibri Global Energy Inc BNKPF

Energy

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.

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Comment by auburn2on Aug 03, 2017 9:22pm

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RE:RE:RE:RE:RE:RE:RE:RE:Volume

BNK Petroleum begins fracture stimulation at Hartgraves

Mr. Wolf Regener reports

BNK PETROLEUM INC. ANNOUNCES COMMENCEMENT OF HARTGRAVES 1-6H FRACTURE STIMULATION

BNK Petroleum Inc. has commenced fracture stimulation completion operations on the previously drilled Hartgraves 1-6H well.

The fracture stimulation is anticipated to take approximately two weeks, after which the equipment will be removed and the flowback will commence. It has historically taken a few weeks of flowback until stabilized hydrocarbon production occurs.

Commenting on the announcement, Wolf Regener, president and chief executive officer, said: "We are looking forward to seeing the production rates from this well, which is the next step in our plan to quickly increase our production and cash flow to accelerate the development of the field. Our intent is to commence completion operations on the previously drilled Brock 9-2H within weeks after the Hartgraves 1-6H well is completed."

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