Business
BNK Petroleum Inc. announces 2nd quarter 2014 results
TSX ticker symbol: BKX All amounts are in U.S. Dollars unless otherwise indicated: ...
About this update from Kolibri Global Energy Inc
[{"type":"text","content":"\n\n\nTSX ticker symbol: BKX\n\n\nAll amounts are in U.S. Dollars unless otherwise indicated:\n\n\n\n\n\n\n\n \n\n\n \n\n\nSecond Quarter\n\n\n \n\n\nFirst Six Months\n\n\n \n\n\n\n\n \n\n\n \n\n\n2014\n\n\n2013\n\n\n%\n\n\n2014\n\n\n2013\n\n\n%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nNet Income (Loss):\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n$ Thousands\n\n\n$199\n\n\n$(929)\n\n\n-\n\n\n$449\n\n\n$(6,249)\n\n\n-\n\n\n\n\n$ per common share\n\n\n$0.00\n\n\n$(0.01)\n\n\n-\n\n\n$0.00\n\n\n$(0.04)\n\n\n-\n\n\n\n\nassuming dilution\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCapital Expenditures\n\n\n$22,710\n\n\n$7,870\n\n\n189%\n\n\n$35,664\n\n\n$10,362\n\n\n  244%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nAverage Production (Boepd)\n\n\n999\n\n\n266\n\n\n276%\n\n\n980\n\n\n966\n\n\n      1%\n\n\n\n\nAverage Product Price per Barrel\n\n\n$81.74\n\n\n$43.83\n\n\n86%\n\n\n$80.05\n\n\n$35.96\n\n\n  123%\n\n\n\n\nAverage Netback per Barrel\n\n\n$58.85\n\n\n$16.52\n\n\n256%\n\n\n$58.16\n\n\n$18.57\n\n\n  213%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\nJune\n2014\n\n\n\n \n\n\nMarch\n2014\n\n\n \n\n\nDecember\n2013\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCash and Cash Equivalents\n\n\n$32,266\n\n\n \n\n\n$47,351\n\n\n \n\n\n  $17,159\n\n\n \n\n\n\n\nWorking Capital\n\n\n$18,721\n\n\n \n\n\n$37,417\n\n\n \n\n\n  $18,854\n\n\n \n\n\n\n\n \n\n\nCAMARILLO, CA, Aug. 13, 2014 /CNW/ - BNK's President and Chief Executive\n Officer, Wolf Regener commented:\n\n\n\"During the second quarter, the Company began its 2014 drilling program\n in the U.S. with the Wiggins 11-2H well.  The drilling was completed in\n July with a 5,050 foot treatable lateral section and the Company has\n just begun fracture stimulating the well with results expected in ...