Kolibri Global Energy ( (TSE:KEI) ) has shared an update.
On February 27, 2025, Kolibri Global Energy Inc. announced updates on its drilling operations and year-end 2024 earnings release. The company is set to begin drilling four new wells in the Tishomingo field in Oklahoma, with production expected to start in June. Additionally, the Forguson well will be drilled to test the economics of Kolibri’s east side acreage. These developments are anticipated to contribute to the company’s production and cash flow growth in 2025. Kolibri also plans to release its year-end 2024 financial results on March 25, 2025, followed by a conference call on March 26, 2025.
More about Kolibri Global Energy
Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the company owns and operates energy properties in the United States. Kolibri utilizes its technical and operational expertise to identify and acquire additional projects in oil and gas. The company’s shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.
YTD Price Performance: 42.42%
Average Trading Volume: 47,613
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$385.2M
For detailed information about KEI stock, go to TipRanks’ Stock Analysis page.