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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

Comment by toppgunnon Aug 09, 2022 6:50pm
124 Views
Post# 34883239

RE:key ratios of capital efficiency and recycle

RE:key ratios of capital efficiency and recycle Impressive 2nd QTR results.  The continuance of high oil prices near 90 dollars and higher keeps KEI looking very favourable going forward.  The low shares outstanding at 35 million approximately will continue to show volatility but the trend should continue to be higher, especially being severely undervalued.  Back in 2014 this was at 2 dollars a share or 20 prorated share basis and company has more going for it in 2022, in my humble opinion.    The presentations and my valuations have this at 20 dollars a share at current oil prices.  A long term strong hold and buy going forward.  The three back to back wells to begin drilling next week will help the bottom end of company coffers immensely.  Once, the money starts flowing after these wells, company financials will be very strong and lots of options for KEI afterwards on strategies.  Very exciting being a shareholder of KEI!  Good job Wof and team!
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