Kolibri Global Completion Operations Underway on Barnes 7-3H Well

Source: www.gulfoilandgas.com 3/7/2022, Location: North America

Kolibri Global Energy Inc., is pleased to announce that its indirect wholly-owned subsidiary BNK Petroleum (US) Inc. (BNK US) began completion operations last week on the Barnes 7-3H well (98.07% working interest) in its Tishomingo field in Oklahoma.

Wolf Regener, President, and CEO, commented. Im proud to say that our team is doing a great job and that the completion operations are going safely and are progressing well, with over half the stages having been completed already. We anticipate finishing the completion operations within the week. Once the completion equipment is rigged down and moved off, we will clean out the wellbore and begin the flow back of the well. The Company will update the market when we have stabilized production rates which are expected within a few weeks. With current market prices at their highest level since 2008, we are excited to be bringing on new production with unhedged pricing.

Gulf Oil and Gas
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