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Kolibri Global Energy Inc T.KEI

Alternate Symbol(s):  KGEI

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. The Company, through various subsidiaries, owns and operates energy properties in the United States. The Company utilizes its technical and operational expertise to identify and acquire additional projects in oil, gas and clean and sustainable energy. The Company develops its Caney Shale oil acreage in the Tishomingo Field in the Ardmore Basin, Oklahoma, United States. It has working interests in approximately 17,169 net acres in Ardmore Basin. Its Tishomingo Field activities produce oil, gas and natural gas liquids. Its proved gross oil and gas reserves in the Tishomingo field are estimated at approximately 32.4 million barrels of oil equivalent (BOE), the proved plus probable gross reserves are estimated at approximately 54.1 million BOE and the proved plus probable plus possible gross reserves are estimated at approximately 79.4 million BOE.


TSX:KEI - Post by User

Post by toppgunnon Jun 08, 2022 7:27pm
192 Views
Post# 34742037

KEI is a keeper

KEI is a keeperKEI is the most exciting company in my portfolio.  It is a long term hold of a minimum of a year and only getting started.  The latest news release was underplayed and purposely in this regard.  It is better to underestimate wells drilled and exit boepd on year end than overhyping the company.  Wolf (CEO)is upfront and been at the helm for many years.  The company has been able to survive the worst of the oil downturn since 2015 for several years.  The hedging of oil in 2020 was a life saver to the company and now reaping the rewards at the present time of high oil prices.  Hold on tight as were starting to see the positive outcomes after many years where oil companies were buckled at the knees. The low shares outstanding and added boepd in the future quarters is going to result in an upward trend in share price.  
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