09:38 AM EST - Kolibri Global Energy Inc. : Provided an operations update for its Tishomingo field in Oklahoma. The Barnes 7-4H and 7-5H wells, which were drilled and completed in the Lower Caney Formation are still flowing back fracture stimulation fluid. Over the last seven days the Barnes 7-4H well has averaged 686 Barrels of oil equivalent per day (“BOEPD”) (534 barrels of oil per day (“BOPD”)) and the Barnes 7-5H well has averaged 624 BOEPD (472 BOPD). These two wells are producing at higher rates than the Barnes 8-1H and 8-2H Caney wells did at this stage. These wells are the second group of down-spaced wells in the Caney and were drilled at a six-well per section spacing pattern, just like the Caney Barnes 8-1H and 8-2H wells. Kolibri Global Energy Inc.
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