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Kolibri Global Energy Inc T.KEI

Alternate Symbol(s):  KGEI

Kolibri Global Energy Inc. is an international energy company. The Company is focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. Through various subsidiaries, the Company owns and operates energy properties in the United States. It is also focused on identifying and acquiring additional projects. The Company has operations in the Ardmore Basin, Oklahoma. It holds approximately 17,200 net contiguous acres and its reserves are from the Caney Formation. The Company is also focused on the continued development and exploitation of its Tishomingo field in Oklahoma. Its subsidiaries include BNK Petroleum Holding Inc., BNK Petroleum (US) Inc., BNK Sedano Hidrocarburos, S.L., BNK Canada Holdings, Inc., and BNK Sedano Holdings B.V.


TSX:KEI - Post by User

Post by Carbonbullon Jul 14, 2023 9:23am
168 Views
Post# 35540908

Drilling for next two wells begins today

Drilling for next two wells begins todayBoth wells will be in the Caney which is now well proven , should not be any surprise , expect them to add an additional 1000 BOED. 
The management has provided the flexibility to drill additional wells in the fall , if oil holds above WTI 75 expect them to do so.

My expectations is that oil holds and we will get an additional 3 wells with at least one more in the T zone. 
 So the lottery time what will exit production be ?

5000 BOED ?
6000 BOED?
7000 Boed ?

Regardless significant growth exhibited , well done Wolf and team and BOD

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