Kolibri Global Energy Inc. (the "Company" or "Kolibri") (TSX:KEI, NASDAQ:KGEI) is pleased to provide an update on its operations and changes to its field development plan and previously issued forecast for 2024.
Nickel Hill wells
The Nickel Hill 35-1H well had a thirty-day production rate of 495 Barrels of oil equivalent per day ("BOEPD") (376 barrels of oil per day ("BOPD")), and the Nickel Hill 35-2H well had a thirty-day production rate of 511 BOEPD (400 BOPD). Kolibri owns a 62.9% working interest in both of the Nickel Hill wells, which were drilled at a 6-well per section spacing pattern with a one-mile...
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