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Bullboard - Stock Discussion Forum Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.

GREY:BNKPF - Post Discussion

Kolibri Global Energy Inc > News ,update from BKX
View:
Post by wittmann on Sep 18, 2018 8:53am

News ,update from BKX

Have a look at the update..can't cut and paste.Well looks good and although no stats as yet,the company seems very optimistic.
Comment by BrokerG on Sep 19, 2018 2:47pm
The good- "Well seems to indicate that flow rates will be similar to our best wells so far" The bad- flow rate testing will be done later along side Anderson well. delayed. Market reaction pretty much indicates that it is a wash. In other words, a big yawn. By the way we lost another insititution account- TD Bank Mutual Funds sold there BNK shares over the summer, right after the ...more  
Comment by germtech1 on Sep 22, 2018 10:31pm
You some it up pretty good...a big yawn. This company has never really delivered over the years.....track record is so poor...starting way back in Poland. The only thing they have going for them is they know how to stay a float.
Comment by BrokerG on Sep 24, 2018 11:00am
pWell if BNK is going to do anything it should be in the next 3-6 months. Why? Oil prices are expected to hover over $70.00 and possible over $80.00, wth OPEC deciding not to increase production and demand still showing growth. BNK is postiioned for a take-over, if currenty well fracking proves successful and they can push their probable into provable reserves. My question is where is the ...more  
Comment by wittmann on Sep 24, 2018 8:03pm
They may not need the financing...yet.They keep talking about their outputs contributing to their cash flow,but I'm no accountant but we lack numbers anyway.Besides it appears a neighbouring driller  is involved with BKX, and I wish they would be more clear on that relationship. Definitely some intrigue. 
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