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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 > Take down
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Comment by xmasteron Mar 04, 2019 4:20pm
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Post# 29440373

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Take down

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Take downwell another possibility was just selling and selling and price collapse....another institution is apprantly stepping in to not let that happen.  so that is a good thing in my opinion. 

what this tells me is that current value will survive even if wells are not success.  the buyers are getting new wells but getting them for free.  as current valuation probably assumes dead wells.


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