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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 Sep 17, 2024 8:27am
110 Views
Post# 36226803

Welcome news on NCIB

Welcome news on NCIB I dont thenk management would undertake this without confidence in the upcoming wells, which have the potential to change the reserve report as they are fundementally designed to me a more efficent use of captal. By this I mean lower costs per barrel and more barrels . Time will tell , certainly the high netbacks on the property creates a buffer from recent oil price volatility.
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