Key Takeaways Drilling longer lateral wells and expanding crude reserves are expected to enhance production efficiency, supporting future revenue and production growth. Effective cost management and the share buyback program are set to improve net margins and increase earnings per share, benefiting investors.
Kolibri Global Energy Inc. engages in the exploration and exploitation of oil, gas, and clean and sustainable energy reserves in the United States. It owns and operates Caney Shale oil wells located in its Tishomingo field, Oklahoma, from which it extracts and sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc. and changed its name to Kolibri Global Energy Inc. in November 2020. Kolibri Global Energy Inc. was incorporated in 2008 and is headquartered in Thousand Oaks, California.
