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Kolibri Global Energy Inc BNKPF

Energy
Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

Kolibri Global Energy Inc > news -quarter
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Comment by auburn2on Aug 12, 2017 3:05pm
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Post# 26574806

RE:RE:RE:RE:RE:news -quarter

RE:RE:RE:RE:RE:news -quarter
It says they invested almost $12 million USD. These wells appear to be expensive. Like I said before, isn't the bank debt they've accumulated entirely related to the OK program? So they accumulated $20 million USD of bank debt, give or take, and now another $12 million USD has been put into this land, and so far all they have to show for it is sub-1000 bbl/d production. Is this concerning? It seems so to me.
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