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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 May 10, 2019 10:33am
45 Views
Post# 29733920

RE:RE:RE:News out

RE:RE:RE:News outGreat point wittman. They are still hoping that well production will increase as more fluids are removed. The more important point is that it helps legitimize the field around BNK's properties. Remember that Anderson is located outside of BNK' s acreage.

If BNK had the capital they could further develop their field. However that is not the case. If rajm is correct in regard to BNK [USA] having 156 million in future tax write offs, which I am trying to confirm, that would mean any future purchaser could buy BNK at a substantial discount to NPV.
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