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0.00903614457831333 0.00903614457831333 0.0843373493975904 -0.0120481927710842 0.0542469879518073 0.0542168674698796 0.0391566265060242 0.033132530120482
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Kolibri Global Energy Inc. Announces Alicia Renee Well Pad Producing Over 2,800 BOEPD

Kolibri Global Energy Inc. (KGEI) 
Company Research Source: Business Wire
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the “Company” or “Kolibri”) (TSX: KEI, NASDAQ: KGEI) is pleased to provide an update on its latest wells in its Tishomingo field in Oklahoma and, its share buyback program.Initial Flow RatesThe Alicia Renee 2-11-3H3H (“Alicia 3H”), Alicia Renee, 2-11-4H (“Alicia 4H”) and Alicia Renee 2-11-5H (“Alicia 5H”) wells were all successfully drilled and completed in the Caney Formation and are currently flowing back the fracture stimulation fluid. The wells are still cleaning up, but over the last five days, the Alicia 3H well has averaged 1,049 Barrels of oil equivalent per day (“BOEPD”) (720 barrels of oil per day (“BOPD”)), the Alicia 4H well has averaged 845 BOEPD (590 BOPD) and the Alicia 5H well has averaged 630 BOEPD (435 BOPD).Even with the wells still cleaning up, current production is about 1,155 BOEPD, 950 BOEPD, and 715 BOEPD, for the Alicia 3H, Alicia 4H and Alicia 5H, respectively.Kolibri owns a 100% working Show less Read more
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