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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 Jun 21, 2018 2:31pm
117 Views
Post# 28207531

Looks like a bad well

Looks like a bad well
"The WLC 14-1H well started flowing back but was shut in last week to retrieve a part that was lodged in the lateral and was likely restricting the flowback. The part has been successfully removed and flowback is expected to resume this week. The start of the 30-day IP rate will begin after the flowback has recommenced. "

I'm assuming this didn't go as planned. I believe they don't have the cash resources for bad wells.

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