Tishomingo

Kolibri Global Energy Inc. Announces Bank Line Redetermination

Retrieved on: 
Wednesday, November 1, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, Line of credit, Tishomingo, Kolibri Global Energy, KEI, BOK, KGEI, BNK, BOK Financial Corporation, Primary Dealer Credit Facility, TSX, Bank, Borrowing base

Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (“BNK US”) was reaffirmed at US$40 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”).

Key Points: 
  • Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (“BNK US”) was reaffirmed at US$40 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”).
  • The current outstanding amount drawn on the Credit Facility is US$29 million.
  • The amendments also reduced the minimum term of the hedging contracts the Company is required to put in place from 24 months to 18 months.
  • Wolf Regener, President and CEO, commented, “We are very pleased to have BOKF’s continued support as we continue to accelerate the development of our Tishomingo project.

Kolibri Global Energy Inc. Announces Bank Line Increase

Retrieved on: 
Wednesday, October 12, 2022
Oil, Gas, Energy, News, Work, Risk, Borrowing base, TSX, Tishomingo, Toronto Stock Exchange, Primary Dealer Credit Facility, BNK Petroleum, Candu Energy Inc., Company, Industry, Health, CEO, Safety, OTCQX, Line of credit, Public expenditure, BOK, BOK Financial Corporation, BNK, KEI, Weather, Risk management

Kolibri Global Energy Inc. (the Company or KEI) (TSX: KEI, OTCQX: KGEIF) is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (BNK US) has obtained an increase in its Borrowing Base to US$25 million on its revolving line of credit (Credit Facility) from BOK Financial (BOKF).

Key Points: 
  • Kolibri Global Energy Inc. (the Company or KEI) (TSX: KEI, OTCQX: KGEIF) is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (BNK US) has obtained an increase in its Borrowing Base to US$25 million on its revolving line of credit (Credit Facility) from BOK Financial (BOKF).
  • Wolf Regener, President and CEO, commented, We are very pleased to have BOKFs continued support as we accelerate the development of our Tishomingo project.
  • This increase in our borrowing base provides us with more flexibility and supports our production and cash flow growth initiatives.
  • About Kolibri Global Energy Inc.
    Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy.

Kolibri Global Energy Inc. Announces New Senior Credit Facility

Retrieved on: 
Friday, May 20, 2022
Alternative Energy, Energy, Oil, Gas, Risk, Company, BNK, Progress Energy Inc, News, Public expenditure, Health, KEI, Toronto Stock Exchange, TSX, SOFR, BNK Petroleum, Weather, Industry, Tishomingo, Program, Safety, BOKF, BOK, OTCQB, BOK Financial Corporation, CEO, Holding company, Risk management

Initial proceeds from the new facility were used to fund the re-payment of BNK US previous facility with BOKF.

Key Points: 
  • Initial proceeds from the new facility were used to fund the re-payment of BNK US previous facility with BOKF.
  • The Company currently has US$16.2 million drawn on the new facility which bears interest at 4.64%, assuming the current SOFR rate.
  • Commenting on the new facility, Wolf Regener, President and CEO, said, We appreciate having BOKFs continued support of our Tishomingo project.
  • About Kolibri Global Energy Inc.
    Kolibri Global Energy Inc. is an international energy company focused on finding and exploiting energy projects in oil, gas and clean and sustainable energy.

Aspira Announces the Winners of America’s State Parks 2021 Photo Contest

Retrieved on: 
Friday, September 24, 2021
Vacation, Other Travel, Lodging, Destinations, Travel, Park, Nature, National Association of State Park Directors, National Association, Health, Volunteering, Multimedia, State park, Association, Foundation for National Parks & Wildlife, REI, Marketing, Tishomingo, Apex Clubs of Australia, Awareness, Tishomingo State Park, Technology, Recreation, Research, Government, Scenic, Hunting, Renewable energy, NASPD, Aspira, NASPD, ASPIRA

Qualifying submissions were judged based on originality, artistic composition, technical quality, and whether or not the photograph showcases the best of America's State Parks camping and outdoor activities.

Key Points: 
  • Qualifying submissions were judged based on originality, artistic composition, technical quality, and whether or not the photograph showcases the best of America's State Parks camping and outdoor activities.
  • Aspira, the leading provider of technology and marketing services to park and conservation agencies across North America, leveraged its popular online outdoors marketplace, ReserveAmerica.com , to increase awareness of Americas State Parks photo contest.
  • Its inspiring to see our communities come together safely and share how much they appreciate Americas State Parks, staff, and volunteers through visual stories.
  • The National Association of State Park Directors (NASPD) is devoted to helping state park systems effectively manage and administer their state park system.