Someone must of like what they hear at Dans luncheon
Up 10 % today
Kgeif
Re: Kgeif
We had lots of attendees yesterday that have decades of oil & gas industry experience. The really liked Wolf's presentation which confirmed my forecast model assumptions. Several of them knew him.
Kolibri is gearing up to complete three high-potential horizonal wells within their SCOOP oil play. If those wells come on at rates exceeding the type curve like all five of their 2022 wells did, this stock could be a quick double for us. All three wells will be completed by mid-June with the new fracking "recipe" that seems to be working well in the Caney formation.
Completed HZ well costs are ~$7.2 million.
Kolibri is gearing up to complete three high-potential horizonal wells within their SCOOP oil play. If those wells come on at rates exceeding the type curve like all five of their 2022 wells did, this stock could be a quick double for us. All three wells will be completed by mid-June with the new fracking "recipe" that seems to be working well in the Caney formation.
Completed HZ well costs are ~$7.2 million.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group