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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.


GREY:BNKPF - Post by User

Kolibri Global Energy Inc > NEWS
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Comment by BrokerGon Oct 28, 2019 1:02pm
66 Views
Post# 30277100

RE:NEWS

RE:NEWS

WHAT?? Not yieled an acceptable offer. Are you kidding me?

We are trading at .10cents CDN. You mean to tell me the offers were not even .30centsshare. Let the shareholders decide what is acceptable. Who do they think they are? We as shareholders have the right to decide if we want to sell or not.

So the strategy is, maybe drill a well, in the next six months, with internal cash flow. Upon completion of this well, if positive, will yield 400-600 boepd. Considering our existiing wells are declining, we are on a slow trajectory to zero. There is no other options- it was sell or JV. That  is all we had. Take what you can. Unbelievable!!

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