Saturday, 28 September 2024
Home Kolibri Global Energy Announces Production Increase of 30% and Revenue Increase of 38% for Second Quarter of 2024

The following content is a news release distributed by . The original news release may be found here.

Kolibri Global Energy Announces Production Increase of 30% and Revenue Increase of 38% for Second Quarter of 2024

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated: SECOND QUARTER HIGHLIGHTS Average production for the second quarter of 2024 was 3,128 BOEPD, an increase of 30% compared to the second quarter of 2023 average production of 2,415 BOEPD. The increase is due to production from the wells that were drilled and completed in the last six months of 2023 and the first six months of 2024. Adjusted EBITDA(1) was $10.0 million in the second quarter of 2024...

Read the full news release here

Related Articles

U.S. President Joe Biden delivers remarks on climate at the Bloomberg Global Business Forum, on the sidelines of the 79th session of the United National General Assembly (UNGA) in New York City, U.S., September 24, 2024. REUTERS/Elizabeth Frantz/File Photo
EconomyInfrastructureManufacturingPoliticsRegulations

Biden still opposes Nippon Steel deal’s bid for US Steel

Biden says his opposition to Nippon's bid for U.S. Steel hasn't changed...

FILE PHOTO: A BYD electric vehicle charges in a Charging Station in front of the Ministry of Economy building in Brasilia, Brazil October 18, 2023. REUTERS/Adriano Machado/File Photo
AutomotiveElectric Vehicles

Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

The sales of new fully electric or hybrid cars in Brazil are...

BiodiversityElectricityEnvironmentIndustryInfrastructureRegulationsResiliencyWind

US postpones sale of floating offshore wind leases along Oregon coast

The federal government postponed an Oregon offshore wind auction due to insufficient...

Login into your Account

Please login to like, dislike or bookmark this article.