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Kolibri Global Energy Inc T.KEI

Alternate Symbol(s):  KGEI

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. The Company, through various subsidiaries, owns and operates energy properties in the United States. The Company utilizes its technical and operational expertise to identify and acquire additional projects in oil, gas and clean and sustainable energy. The Company develops its Caney Shale oil acreage in the Tishomingo Field in the Ardmore Basin, Oklahoma, United States. It has working interests in approximately 17,169 net acres in Ardmore Basin. Its Tishomingo Field activities produce oil, gas and natural gas liquids. Its proved gross oil and gas reserves in the Tishomingo field are estimated at approximately 32.4 million barrels of oil equivalent (BOE), the proved plus probable gross reserves are estimated at approximately 54.1 million BOE and the proved plus probable plus possible gross reserves are estimated at approximately 79.4 million BOE.


TSX:KEI - Post by User

Comment by Carbonbullon May 12, 2023 11:02am
137 Views
Post# 35445410

RE:RE:Welcome news

RE:RE:Welcome newsThe napkin math last year was dead on i forecasted 4300 barrels a day on exit well the conservative management forecasted 2700 barrels a day . They continue to use the old type curve for forecasting purpose as do the resevoir engineers. I own this stock because of the new wells and Frac design .

Willing to make a friendly bet that exit will exceed 5k barrels a day , and will average well in excess of that in 2024.

Of course all in my humble opinion , please do your own analyses and DD
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