Kolibri Global Energy Inc. Finishes Drilling Its First Three 1.5 Mile Lateral Wells Under Budget and Quicker Than Forecasted [Yahoo! Finance]
Kolibri Global Energy Inc. (KGEI)
Company Research
Source: Yahoo! Finance
Inc. (the " Company " or " Kolibri ") (TSX: KEI, NASDAQ: KGEI) is pleased to announce that it has finished drilling its first three 1.5 mile lateral wells in the Company's Tishomingo field in Oklahoma. Alicia Renee wells The Alicia Renee 2-11-3H, 2-11-4H, and 2-11-5H wells were drilled safely and under budget. The drilling averaged less than 14 days each, which was substantially less than our budgeted 20 days. Completion work for all three wells is expected to begin in early October, with flowback anticipated in early November. All three wells will be completed at the same time. Kolibri has a 100% working interest in all three wells. Wolf Regener, President and CEO, commented, "We are very proud that our team did such a great job drilling these wells safely, quickly, and well under budget. We are looking forward to getting these wells on production in the fourth quarter to further increase our cash flow and to evaluate the economic benefits of these longer lateral wells. With th
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News
- Kolibri Global Energy Inc. Finishes Drilling Its First Three 1.5 Mile Lateral Wells Under Budget and Quicker Than ForecastedBusiness Wire
- Kolibri Global Energy Inc. Announces TSX Approval of Normal Course Issuer BidBusiness Wire
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- Kolibri Global Energy Announces Production Increase of 30% and Revenue Increase of 38% for Second Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Kolibri Global Energy Announces Production Increase of 30% and Revenue Increase of 38% for Second Quarter of 2024Business Wire
KGEI
Sec Filings
- 9/18/24 - Form 6-K
- 9/16/24 - Form 6-K
- 8/13/24 - Form 6-K
- KGEI's page on the SEC website