Kolibri Global Energy Inc. Provides 2024 Guidance and Operations Update
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Published Jan 29, 2024 • 11 minute read
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THOUSAND OAKS, Calif. — Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is providing 2024 guidance and operations update for its Tishomingo field in Oklahoma.
2024 Guidance
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The Company is providing its forecasted guidance for 2024 as follows:
|
2024 Forecast |
% Increase from 2023 Guidance Range |
|
|
Average production |
3,500 to 4,000 boepd |
25% to 33% |
|
Revenue(1) |
US$60 million to US$65 million |
18% to 23% |
|
Adjusted EBITDA(2) |
US$46 million to US$51 million |
18% to 24% |
|
CAPEX |
US$33 million to US$39 million |
|
|
Net Debt |
US$25 million to US$27 million |
|
|
Debt to EBITDA Ratio |
Below 1.0 |
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2024-01-29 06:33:41
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