Brief: Kolibri Global Energy Announces First Quarter 2021 Results

Kolibri Global Energy

07/05/2021 02:22

May 6 (Reuters) - Kolibri Global Energy Inc  KEI.TO :
    * KOLIBRI GLOBAL ENERGY ANNOUNCES FIRST QUARTER 2021 RESULTS
    * KOLIBRI GLOBAL ENERGY- AVERAGE PRODUCTION FOR Q1 OF 2021
WAS
1,020 BOEPD, A DECREASE OF 17% COMPARED TO Q1 OF 2020 AVERAGE
PRODUCTION OF 1,225 BOEPD
    * AVERAGE NETBACK FOR Q1 OF 2021 WAS $28.32, AN INCREASE OF
36%
FROM PRIOR YEAR Q1 DUE TO HIGHER PRICES IN 2021
    * ADJUSTED FUNDS FLOW WAS $1.5 MILLION IN Q1 OF 2021
    * NET LOSS FOR Q1 OF 2021 WAS $0.6 MILLION IN Q1 OF 2021
    * QTRLY NET LOSS PER SHARE $0.00

Source text for Eikon:  ID:nCNWGhdvPa 
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