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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 himmleron Mar 20, 2024 9:14pm
104 Views
Post# 35944102

Opinion

Opinion After reading the latest update,I am of the opinion that this matter is not serious.Although unusual,the delay in submittiing the report is not the fault of the company directly.With one person resigning and another overtaking,the possibility of discrepancies must be addressed.Its only the officers that are affected by the cease trade order.If this were a serious matter,I believe the stock would have dropped much more than it did.This company has always been "on the level".
It would be very difficult for me to believe that  is no longer the case.
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