Kolibri Global Energy Inc. Provides Second Quarter 2024 Earnings Release Date and Conference Call and Drilling Update
2024年8月7日 - 2:55AM
ビジネスワイヤ(英語)
Kolibri Global Energy Inc. (the “Company” or
“KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to provide the
following updates.
Second Quarter 2024 Earnings Release and Earnings
Call
The Company expects to release financial and operating results
for its second quarter after market close on August 13, 2024.
In connection with the earnings release, management will host a
conference call for investors and analysts on August 14, 2024, at
9:00 a.m. PDT to discuss the Company’s results and to host a
Q&A session. Interested parties are invited to participate by
calling:
Dial-In: 1-877-317-6789 International Dial-In: 1-412-317-6789
When calling, please request to be joined into the Kolibri Global
Energy Inc. call.
Alicia Renee Wells Operations Update
Drilling operations on the Alicia Renee 2-11-3H well began early
this morning. Once the drilling is competed the rig will slide over
to drill the Alicia Renee 2-11-4H, followed by the Alicia Renee
2-11-5H. These wells are planned to have 1.5-mile laterals and
Kolibri has a 97.9% working interest in each.
Wolf Regener, President and CEO, commented, “We are very pleased
that drilling has started for the Alicia Renee 2-11-3H well. Our
objective is to achieve further improvements in our efficiency and
rates of return with these longer lateral wells. We anticipate
these wells coming on early in the fourth quarter, leading to
further increases in our cash flow.”
About Kolibri Global Energy Inc.
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. The Company continues to utilize
its technical and operational expertise to identify and acquire
additional projects in oil, gas and clean and sustainable energy.
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.
Cautionary Statements
Caution Regarding Forward-Looking Information
Certain statements contained in this news release constitute
"forward-looking information" as such term is used in applicable
Canadian securities laws and “forward-looking statements” within
the meaning of United States securities laws (collectively,
“forward looking information”), including statements regarding the
timing of release of the Company’s financial and operating results
for its second quarter and the timing of and expected results from
planned wells development. Forward-looking information is based on
plans and estimates of management and interpretations of data by
the Company's technical team at the date the data is provided and
is subject to several factors and assumptions of management,
including that indications of early results are reasonably accurate
predictors of the prospectiveness of the shale intervals, that
required regulatory approvals will be available when required, that
no unforeseen delays, unexpected geological or other effects,
including flooding and extended interruptions due to inclement or
hazardous weather conditions, equipment failures, permitting delays
or labor or contract disputes are encountered, that the necessary
labor and equipment will be obtained, that the development plans of
the Company and its co-venturers will not change, that the offset
operator’s operations will proceed as expected by management, that
the demand for oil and gas will be sustained, that the price of oil
will be sustained or increase, that the Company will continue to be
able to access sufficient capital through cash flow, debt,
financings, farm-ins or other participation arrangements to
maintain its projects, and that global economic conditions will not
deteriorate in a manner that has an adverse impact on the Company's
business, its ability to advance its business strategy and the
industry as a whole. Forward-looking information is subject to a
variety of risks and uncertainties and other factors that could
cause plans, estimates and actual results to vary materially from
those projected in such forward-looking information. Factors that
could cause the forward-looking information in this news release to
change or to be inaccurate include, but are not limited to, the
risk that any of the assumptions on which such forward looking
information is based vary or prove to be invalid, including that
the Company or its subsidiaries is not able for any reason to
obtain and provide the information necessary to secure required
approvals or that required regulatory approvals are otherwise not
available when required, that unexpected geological results are
encountered, that equipment failures, permitting delays, labor or
contract disputes or shortages of equipment, labor or materials are
encountered, the risks associated with the oil and gas industry
(e.g. operational risks in development, exploration and production;
delays or changes in plans with respect to exploration and
development projects or capital expenditures; the uncertainty of
reserve and resource estimates and projections relating to
production, costs and expenses, and health, safety and
environmental risks, including flooding and extended interruptions
due to inclement or hazardous weather conditions), the risk of
commodity price and foreign exchange rate fluctuations, that the
offset operator’s operations have unexpected adverse effects on the
Company’s operations, that completion techniques require further
optimization, that production rates do not match the Company’s
assumptions, that very low or no production rates are achieved,
that the price of oil will decline, that the Company is unable to
access required capital, that occurrences such as those that are
assumed will not occur, do in fact occur, and those conditions that
are assumed will continue or improve, do not continue or improve,
and the other risks and uncertainties applicable to exploration and
development activities and the Company's business as set forth in
the Company's management discussion and analysis and its annual
information form, both of which are available for viewing under the
Company's profile at www.sedar.com, any of which could result in
delays, cessation in planned work or loss of one or more
concessions and have an adverse effect on the Company and its
financial condition. The Company undertakes no obligation to update
these forward-looking statements, other than as required by
applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240806102811/en/
For further information, contact: Wolf E. Regener +1
(805) 484-3613 Email: wregener@kolibrienergy.com Website:
www.kolibrienergy.com
Kolibri Global Energy (NASDAQ:KGEI)
過去 株価チャート
から 7 2024 まで 8 2024
Kolibri Global Energy (NASDAQ:KGEI)
過去 株価チャート
から 8 2023 まで 8 2024