Kolibri Global Energy Inc BNKPF

Last news report

[BrokerG]

Well Wittman you may have your wish. They were supposed to issue a news release by end of month. Not sure what the delay is. Let's see if they issue this week.

Hopefully we have a great 2019!

[BrokerG]

news is out. another delay. 290 boepd ouch!! CNW Group TSX ticker symbol; BKX OTCQX ticker symbol; BNKPF BNK Petroleum Inc. (the "Company" or "BNK") (TSX : BKX) is pleased to announce that both the Brock 4-2H (BNK 77% working interest) and the Anderson 1-15H10X3 (BNK 33% working interest) have begun flowback. The Anderson well, which is the first 2 mile lateral in the

[pabaloo]

Ouch! That one hurt didn’t it Witless and Broke. Lol now you can stop beating the drum for another year. I’m assuming there’s about a 40 percent decline rate on that well, lucky they have a partner to absorb some of the cost. At least it’s not a duster. BKX just needs to limp through another 10 or so years so all the boys can enjoy their 6 figure salaries while share holders are left holding the

[auburn2]

Indeed I don't believe the company has the financial resources in this oil environment for these kinds of well results. However with much stronger oil names beaten down as much as they are, you should be able to sell and make back the losses elsewere. At this time I have no position and no intention to acquire any shares.

[BrokerG]

rajm? Any opinion on latest news?

[himmler]

I suppose after the beating you took on your MEI,after years of pumping it,I cant blame you for steering clear of any oilco lol.

[auburn2]

Do you have evidence of me pumping MEI for years and taking a great beating on it? My take is simply that these wells are expensive, BKX is financially strained, oil prices are poor, and results like these aren't going to cut it. I'd suggest you take your losses and buy CR.

[himmler]

Well since you asked heres another one of many..and you call that guy unsophisticated lol Manitok Energy, Inc. > RE:RE:RE:Dipped My Toes In New Post « Older Post View Thread Newer Post » View All Posts 0 Share0 Tweet0 Share0 image: https://www

[xmaster]

hey auburn2.....care to tell us what are you buying and selling?

[himmler]

Word of advice Xmaster...to take anyones word for anything on these BB's is a fools folly.TV analysts and money managers themselves are wrong many times....why should you take someones word for anything on an anonymous BB?? Case in point is BKX itself.I've been with this company for many years and although it trades very low now,that wasnt the case in the past.I have been accused of

[BrokerG]

Ok back to BNK. Questions that need to be answered: 1] Do they have the financing to survive another poor well?. Sorry but 290 boepd is not acceptable. 2] Do they have the cash flow to drill another well? 3] What is their breakeven costs per well? 4] What is the game plan for 2019? Any comments?

[BrokerG]

Not sure if this is meaningful but someone just bought 455,000 shares on the US exchange of BNKPF driving up the price 15%.

[wittmann]

Sry Broker.But 290 boepd is acceptable.Its early stages.I double checked prior post about Oklahoma and that is average for the area.This is NOT the Permian.Of course we would love to see 500 plus but that's not the point.Thats a 2 mile long lateral...I can't even find to many other comparable fracks...can you ?..doubtful.Management has stated it will take up to 30 more days.That makes

[xmaster]

i totally understand but i mean these boards are about sharing ideas.  i don't see auburn2 contributing any positive ideas to this board.  only negative comments and I think shorting this is not possible.  so what is he doing out here? I guess this post exposes it.  he wants our cheap shares.

[himmler]

Of course sharing ideas is what these BB's are good for.The problem lies in whose ideas.Posting negative rot continuously without substance is suspect to me.It serves no purpose.Posting recommendations as to which stock to buy..well..private in- boxes serve that purpose very well ..Clowns like auborn dont like to do that though because the percieved audience isnt there..bad for their egoes. As

[himmler]

That is a rather low output.There are only 2 options here..wait another 30 days or sell.Luckily I dont think we have too many retail investors left in BKX,otherwise we would be at 20 cents.Its a BB that doesnt have valuable input from longs here as its all speculation on our part.Negativety posted by the usual amatuer kids count zero..simply because its a case of sour grapes for losing on this