Kolibri Global Energy Inc BNKPF

RE:RE:Update from Energy Summary Jan 8th. on BNK

[BrokerG]

News out!

Drilling has begun. See below. The last few days have been interesting. Stock price going down yet oil up over $64.00. Big boys are trying to get your shares. DO NOT sell at this time.

BNK Petroleum Inc. Spuds Glenn 16-2H Well

Thursday, January 11, 2018

 

BNK Petroleum Inc. Spuds Glenn 16-2H Well

13:28 EST Thursday, January 11, 2018 

CAMARILLO, CA, Jan. 11, 2018 /CNW/ - BNK Petroleum Inc. (the "Company") (TSX: BKX) is pleased to announce that the Company has begun drilling the Glenn 16-2H well in the Company's Tishomingo Field with Power Rig #7.

The Company has a 100% working interest in the Glenn 16-2H, which is located directly south of the Company's Brock 9-2H well and is the first well in the Company's 2018 drilling program. The well is expected to take about 30 days to drill. Once drilling is complete, the rig is scheduled to move to the Scott 14-2H location which is about two miles to the east of the Glenn 16-2H. Fracture stimulation of the Glenn 16-2H well will be scheduled as quickly as possible.

Wolf Regener, President and CEO, commented, "We are looking forward to the continued success of our drilling campaign, which we believe will continue to increase our cash flow and reserves."