Kolibri Global Energy Inc T.KEI

Alternate Symbol(s): KGEI

Energy Oil & Gas E&P

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.

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Kolibri Global Energy Inc

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Post by Carbonbullon Nov 13, 2024 1:05pm

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Post# 36310635

Listened to the management call

Top points:
1) too early to get a handle on type curve of new wells but initial Flow/Pressure very encouraging
2) the mile and a half laterals significantly reduce the upfront costs to milk the ATM ,
3) more money coming back to shareholders
4) no more wells for 2024 , drilling locations being chosen for 2025
5) wells came in underbudget

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