How did the actual drilling and completion costs per foot compare to the company's original budget and to regional benchmarks? | KGEI (Aug 07, 2025) | Candlesense
KGEI

How did the actual drilling and completion costs per foot compare to the company's original budget and to regional benchmarks?

Answer

The news release you provided about Kolibri Global Energy Inc.’s operations update in the Tishomingo field does not contain any figures or statements regarding:

  • The actual drilling and completion costs per foot for the Lovina 9‑16‑1H, 9‑16‑2H, 9‑16‑3H, or 9‑16‑4H wells.
  • The company’s original budget for those costs (e.g., a planned cost‑per‑foot estimate).
  • Any regional benchmark figures that could be used for comparison (e.g., average drilling/completion costs per foot for similar wells in Oklahoma or the broader Permian Basin).

Because those specific cost details are absent from the provided excerpt, I cannot determine how the actual costs per foot compare to either Kolibri’s original budget or to industry/regional benchmarks. If you have a more detailed press release, an earnings call transcript, or a financial filing that includes the cost‑per‑foot data, I would be able to analyze the comparison for you.

Other Questions About This News

What is the timeline for completing the remaining steps (e.g., post‑flow‑back testing, production ramp‑up, and tie‑in to the gathering system) for each Lovina well? Are there any indications of reserve additions or revisions to proven reserves (P90) as a result of this update? What were the actual production rates (e.g., barrels of oil equivalent per day) achieved in the initial flow‑back of the Lovina wells? Are there any strategic plans for additional drilling or acquisition in the Tishomingo field following these results? How do the fracture stimulation costs for the Lovina wells compare to the company's historical average and to peer companies in the region? What is the expected sustainable production rate from these wells after the flow‑back period ends? Is there any impact on the company’s debt covenants or financing arrangements due to the current capital deployment? What is the expected impact on EPS and cash per share if the projected production levels are achieved and maintained? Will the results of the Lovina wells trigger any changes to the company's 2025 production guidance or capital spending plan? What are the potential regulatory or environmental risks that could affect the future development of the Lovina wells? How does the performance of these wells compare to recent wells completed in the Tishomingo field or other Oklahoma assets? What impact will the current well results have on the company's quarterly revenue and cash‑flow forecasts? How might this operational update affect analyst consensus estimates and target price for KGEI? What is the estimated net present value (NPV) and internal rate of return (IRR) for the Lovina drilling and completion program?