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Kolibri Global Energy Inc BNKPF

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

Post by auburn2on Sep 13, 2017 2:04pm
114 Views
Post# 26691146

Expensive Wells

Expensive Wells
I believe these are expensive wells, so you have to take that into account when assessing whether 400 bbl/d is good or not. As said before, the SP action suggested the market was very optimistic. Probably at these oil prices these wells are barely economic, but I haven't recently gone over the numbers.
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