Kolibri Global Energy Reports Positive Updates
Company Announcements

Kolibri Global Energy Reports Positive Updates

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

Kolibri Global Energy Inc. has reported promising operational updates, including the successful production of two Nickel Hill wells, which will likely enhance the company’s next reserve report with added Proved reserves. The firm is preparing to drill three new Alicia Renee wells with longer laterals, anticipating further economic benefits and increased shareholder value, albeit with slight adjustments to their 2024 production guidance. Additionally, Kolibri is contemplating a share buyback program in the latter half of 2024, pending necessary approvals.

For further insights into TSE:KEI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskKolibri Global Energy Reports Asset and Revenue Growth
TheFlyKolibri Global Energy reports Q3 EPS 14c vs. 6c last year
TipRanks Auto-Generated NewsdeskKolibri Global Energy’s Tishomingo Success and Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App