Kolibri Global Energy Inc T.KEI

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[Carbonbull]

In effect means the company can increase its drilling program in 2023 if management believes the environment is correct. so lets do the math 9rounding numbers).

Current production 3500 boed.(decline at this point probably 20 percent on average).

anounced drilling 3 wells completed by end of May ( decline rate 30percent)

announceed three well program in July (finished end of September, 30 perecenr decline)


possible 3 more wells in september given bank line.

Assume all succesful because field is well delineated. use average of 600 boed ip30



1rst program 1800 boed  on exit 1400 boed 
2nd program  1800boed   on exit  1600 boed

existing 2450 boed on exit     

1400 +1600+2450  equals 5,450 BOED


assume oild stays at 70 wti netback probably $40 

exit daily CASH FLOW     5450*40  $218,000  annualized $79,570,000

with a potential of an additional (third drill program)  annualized $26,280,000 


give or take usd 100,000,000.

big questions 1) what are the new EUR numbers 
                       2) what is the effect on reserves if t zone comes in

[himmler]

In all the years investing / reading BBs,I found that a posters napkin math,(although fun to do for some) is never accurate. Entertainment for sure but that's it.Posters should slways be aware that it's s wild guess.No company itself would ever post such a guess.for example...at least not in that detail...they simply cannot as there are far to many variables.I can recall one poster

[Carbonbull]

The napkin math last year was dead on i forecasted 4300 barrels a day on exit well the conservative management forecasted 2700 barrels a day . They continue to use the old type curve for forecasting purpose as do the resevoir engineers. I own this stock because of the new wells and Frac design . Willing to make a friendly bet that exit will exceed 5k barrels a day , and will average well in

[himmler]

Hey,it's a great company...had it since before Poland..Sold to soon as I never expected it to go as high as it did. But now,as I posted before,I suspect some monkey business going on.Price increase before Financials..especially the day before. I know this happens with many stocks ,but I sure would like to hear about the company's " investigation" in regards to complaints about