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Kolibri Global Energy

01:01 PM EST - Kolibri Global Energy : Is pleased to announce that its indirect wholly-owned subsidiary BNK Petroleum (US) Inc. has commenced drilling the Barnes 7-3H well in its Tishomingo field in Oklahoma. The drilling of the Barnes 7-3H well is expected to take less than 30 days. The rig will then move to the Barnes 8-1H well to immediately begin drilling as the location is already built. The fracture stimulation of the Barnes 7-3H well is currently being scheduled. Wolf Regener, President and CEO commented. “We are very pleased with our successful Rights offering that allowed us to drill these 2 wells and appreciate that we have the support and confidence of our shareholders. Kolibri Global Energy shares T.KEI are trading unchanged at $0.08.