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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

Comment by BrokerGon Mar 04, 2019 4:36pm
59 Views
Post# 29440462

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Take downThat makes sense. I think we have to use some common sense here. Delay after delay is NEVER a good sign. There is no way it takes 6 months to get flowback from the XTO Anderson well. 99.9% of the time when a company delays putting out news it is a bad sign. 

We should have heard by now. I think xmaster is correct in assuming the well results are poor or non-existent.  

The company will try to mask these results with an updated reserve report in March. I think it may be time to consider that this management team cannot get the job done.
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