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Kolibri Global Energy Inc BNKPF

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.


GREY:BNKPF - Post by User

Comment by BrokerGon Aug 30, 2018 7:56am
39 Views
Post# 28541048

RE:RE:RE:RE:RE:Latest update

RE:RE:RE:RE:RE:Latest updateThey gave up their leases in Poland. There was no extensive drilling done to my knowledge, so there could be substantial gas reserves to be tapped. I know there was difficulty in obtaining licenses and other approvals throughout their lease agreement term.
The issue is gas prices not oil prices, since they were looking for gas reserves. Since gas prices have not gone up as much as oil, no reason to look into Poland again. IMO
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