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 > I am not a petroleum engineer but I can do back of envelope

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Post by Carbonbullon Dec 19, 2024 12:36pm

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Post# 36370542

I am not a petroleum engineer but I can do back of envelope

Calculations, and mine suggest that the new wells will double the size of proven reserves with a per shares value in excess of usd 25.
PDP reserves will increase by at least 50 percent (cash flow)
As always do your own DD this should not be construed as investment advice , I am long and staying long. Prefer this name to my second favorite name VLE which i recently took half profits on ...doesnt take a genius to figure out where that money went....time will telll.

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