Kolibri Global Energy (TSE:KEI) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Kolibri Global Energy has reported strong production rates from its Alicia Renee well pad in Oklahoma, with wells producing over 2,800 barrels of oil equivalent per day. The company is optimistic about the economic viability of these wells, as their costs remain under $6.3 million each, potentially boosting cash flow through 2025. Kolibri’s successful drilling strategy highlights its commitment to maximizing returns in the oil and gas sector.
For further insights into TSE:KEI stock, check out TipRanks’ Stock Analysis page.