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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 25, 2023 8:45am
197 Views
Post# 35555565

Great new presentation on websight

Great new presentation on websight Couple of important updates:

1) an additionla three wells will be drilled in 3rd quarter , with an additional T zone well
2)  the initial T zone well continues to perform well confirming the thesis that it is another viable bench 
3) only a matter of time before the number of booked proven wells will dramatically increase due to the t zone wells 
4) wells continue to perform above resevoir engineer type curve , should lead to additional EUR barrels per well of about 100k
5) exit production should be comfortably above 5000K bped , my own expectation have it above 6k
6)very efficent operation with very impressive netbacks relative to peers.

To sum it up the ATM in the ground has been restocked with plenty of cash to be generated over coming years , a good place to park bullish oil dollars , only a matter of time before it gets a bid.
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