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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

Comment by Carbonbullon Jun 09, 2022 11:58am
138 Views
Post# 34743838

RE:RE:RE:RE:Have you done the payback period on the wells?

RE:RE:RE:RE:Have you done the payback period on the wells?the four month payback is assuming mid point production between the two recently drilled wells, having worked for one of the first frac companies in canada , and financed the drilling of better then 100 horizontal wells i firmly beleive in the added production once a fracing technique has been verified by a couple of wells , there were significant cahnges to the program this year  ...my bet is average production will be in 700 barrel a well territory ...which is why I continue to post and accumulate ...now if we get more clarity in the use of FCF over coming months over say a three year period I think that would open some eyes to the ATM machine that is KEI.
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