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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 bfwon Apr 16, 2024 12:42pm
72 Views
Post# 35991796

RE:Interesting to reprice reserve report with today price curve

RE:Interesting to reprice reserve report with today price curve

Despite holding massive gains in VLE (I've been in the name for ages with purchases in the 60 cent range), I've resisted the opportunity to take profits. 

Management continues to execute and the cash pile gives them ongoing opportunities. 

Cormark just raised their price target to $12. Double digits are a real possibility with VLE. 

Meanwhile, Kolibri management has underperformed the last year and should be a little embarrassed. 


bfw

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