Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 wsm1234on Nov 19, 2024 12:26am
42 Views
Post# 36319147

RE:RE:RE:Listened to the management call

RE:RE:RE:Listened to the management callHey CarbonBull, appreciate your insights as always. I respectfully disagree here. Q3 average was 3032 boepd, so likely exited Q3 around 2800 boepd with the decline on the 2 wells that came on in June. My estimate for the base production (prior to the 3 newest 1.5 mile Alicia Renee wells) for a YE exit would be 2500 boepd, and the 3 new wells (initial production 2800 boepd) will have a heavy decline in the first couple months if they behave similarly to previous mile long laterals, so I would put those 3 new drills at around 2000 boepd exit rate. That would put total exit rate at 4500 boepd. I hope I'm wrong and we are over 5000 exit rate, but I don't see how they'd get there unless these wells are still cleaning up and don't decline as quickly as a result. I also think an exit rate of 10k is not at all achievable next year. Maybe 7K or so with a heavy drill program of 6 or more wells and weighted heavily towards year end. Again hope I'm wrong. Average production for 2025 I would peg at around 5k boepd but again heavily dependent on drilling program. 
<< Previous
Bullboard Posts
Next >>