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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 toppgunnon Oct 07, 2023 3:24pm
199 Views
Post# 35674741

RE:No reason to list on NASDAQ

RE:No reason to list on NASDAQThe NASDAQ listing should provide more interest from US investors as on their home country exchange.  Similar to many Canadian investors tend to invest more in their home country apart from mutual funds etc.  Also, considering this is a USA company with oil production in the USA makes perfect sense in my opinion to be listed on the NASDAQ.  In my opinion this will be very positive and expect to see more  upside especially on the small trickles of volume where movements are up and down of .50 -.75 on this stock on a weekly basis and has become the normal.   The low shares outstanding should get KEI moving towards 10 instead of 5.  I consiser this stock very undervalued based on market cap, and have it at least $9.  Additionally, in my books KEI trading at  $15-20 would not surprise me in the next year with more production e.g., 5000 to 8000 boepd and oil prices in the 85 to 110 range which is the general consensus.   
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