Kolibri Global Energy Reports Asset and Revenue Growth

Kolibri Global Energy (TSE:KEI) has released an update.

Kolibri Global Energy’s latest financial results reveal a significant increase in total assets to $237.4 million as of September 2024, compared to $224.4 million in December 2023. The company also reported a rise in oil and natural gas revenue for the first nine months of 2024, reaching $41.2 million, up from $37.2 million in 2023. This growth is accompanied by a reduced accumulated deficit, showcasing improved financial stability.

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