Kolibri Global Energy Inc BNKPF

see page 15 of presentation

[auburn2]

Increased OK activity is driving up costs, so it would reasonable to assume about $7mm per well. A clue of that With a 44% first year decline rate, the company may want to do a PP at these levels to keep debt levels manageable. 1800 declining 44% brings production down to about 1000, so they're on a treadmill and capital costs are high for a small company.



Assumes flat $3 gas, NGL pricing is 35% of Oil Price, $5.7 million CAPEX all other

assumptions are from the NSAI reserves estimate. Particular decline curves are from

individual well cases in the respective category located in the future development area



 

[auburn2]

I was going to extract a clue of the increased OK by copy and pasting delays noted in past news releases. Anyway, were costs "on time and under budget" they would have publicized that, so they're definitely above the $5.7 baseline estimate. Costs fluctuate all the time depending on supply and demand.

[wittmann]

Maybe you should go to management and ask for an accounting job.Since you think your knapkin calculations are more accurate.I actually went back and checked the financials on a few oilcos that I own..and wouldn't you know it ..most state "on time and under budget'. It's not up to simpleton posters to try to figure what that means..Why??...because too many details are missing.And

[auburn2]

Just discuss facts and figures. No need to insult me. If you have anything to add, do that. If not, read quietly and wait for others to add value. These boards would be much better if people sticked to facts and informed discussions. As you say, companies are proud to report "on time and under budget" or even "on budget" so it's a given BKX is going over the $5.7mm in the

[wittmann]

Auburn why do you insist on dwelling on issues that you claim are a problem...when in fact they may not be.A few months ago you claimed to have sold ..remember?..along with the "smart money" as you called it.There are plenty more discrepancies to your posts...but one thing is certain...you seem only to dwell on the negatives.You post foolishness..such as inaccurate calculations..bogus

[xmaster]

so Auburn...let us know your current position on this stock.  are you shorting it or are long on it.  most of us are long here and want it to go up.  i understand we must rationally analyze but i agree with wittman that you are overly negative sometimes. so let me ask you this, where do you see the price of this in 6 and 12 months.  do you recommend holding or selling it at

[pabaloo]

Witless and broke you pieces of yard waste I dare you two goofs to call out someone for napkin math after you bozos sit here spouting your waste like you are the great prophet. Both you clowns are most definitely flat broke after picking one looser after another in the oil sector. You guys bought in the wrong sector so sorry to hear lol that's sad but not for me I'm rich and so happy your

[wittmann]

He will answer on his own Xmaster...but I will tell you this...he only joined Stockhouse last year..has boasted about selling at 27 cents....claimed that BKX would need more cash..(that was back a few months when oil was low) uses his own calculations which are always proved wrong BTW..he compared BKX with another company that he owned at that time MEI...which is completely idiotic...so ...I ask

[himmler]

That should show everyone here what Auborn thinks about this stock.No answer so in his own words he must not have any facts or figures to babble on about.lol just as I thought....useless. I wonder why this BB always attracts peanut brains like that fool. BTW..havent been posting much....the fall season was much better than our entire summer.The cottage weather was too tempting.