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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

Post by Carbonbullon Apr 05, 2024 1:56pm
170 Views
Post# 35973391

Interesting to reprice reserve report with today price curve

Interesting to reprice reserve report with today price curveObviously a significant change , what was a flat $72 is looking like a flat $85. This should lead to a change in KEI drilling program , also interesting that a major is execising their farm in rights on the two wells being drilled currently , they would only do this if their was interest in the field >>>fingers crossed ...a buyout could be on the table IMHO. Insiders restricted from trading thus the drift down , but value is undeniable.  Starting to reestablish a more significant position , having lightened my VLE position recently ....both quality names but you can only take one partner to a friday night dance.
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