Kolibri Global Energy Inc..
KGEI.US | Extraction of crude petroleum
Kolibri Global Energy Inc. is an independent oil and gas exploration and production company. The company focuses on acquiring and developing energy properties in the United States. Its primary activities include drilling, completing, and operating oil and natural gas wells. The company's operations ...Show More
Better Health for All
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Kolibri Global Energy Inc. is an oil and gas exploration and production company.
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Its core business involves the development and production of oil and gas resources, which are products with well-established negative health consequences, primarily through their environmental impact and contribution to air pollution upon combustion.
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The company's entire production stream, as of Q2 2024, consists of 73% oil, 16% NGLs, and 10% natural gas, meaning 100% of its revenue is derived from products with scientifically established serious health harms.
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No health-positive offerings or alternatives are mentioned.
Fair Money & Economic Opportunity
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No evidence available to assess Kolibri Global Energy Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Kolibri Global Energy Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Kolibri Global Energy Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Kolibri Global Energy Inc. has a whistleblower policy, established in March 2011, specifically for 'Accounting Concerns.'
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This policy outlines reporting channels via email and mail, includes provisions for anonymity with exceptions, and assigns the Audit Committee responsibility for reviewing and addressing reported issues, emphasizing confidentiality and protection against retaliation.
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The company's board of directors consists of five members, with four identified as independent, resulting in 80% independent directors.
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The Audit Committee and Governance Committee are both composed entirely of independent directors, and the Board Chair is also independent.
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The company anticipates missing its April 2, 2024, deadline for filing audited annual financial statements and has applied for a Management Cease Trade Order (MCTO), with an anticipated filing deadline of May 31, 2024.
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This late filing constitutes a material disclosure issue.
Kind to Animals
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Kolibri Global Energy Inc. is an oil and gas exploration and production company.
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Its core business activities do not involve animal testing, animal-derived products, animal agriculture, or other direct interactions with animals that would typically be assessed under the 'Kind to Animals' value. The provided articles focus on financial performance, production, reserves, and company history, and contain no information regarding animal welfare practices, conservation initiatives, or any other metrics relevant to this ethical value.
No War, No Weapons
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No information was found regarding Kolibri Global Energy Inc.'s involvement in arms manufacturing, military contracts, or conflict facilitation.
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The provided articles focus exclusively on the company's financial performance and oil and gas reserves, without mentioning any data relevant to the 'No War, No Weapons' ethical value or any of its associated KPIs.
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Planet-Friendly Business
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Kolibri Global Energy Inc.'s financial reports for 2024 explicitly state that no regulatory actions, violations, fines, or compliance issues were mentioned.
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This indicates a record of zero reported environmental compliance violations for the year.
Respect for Cultures & Communities
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No evidence available to assess Kolibri Global Energy Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Kolibri Global Energy Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess Kolibri Global Energy Inc. on Zero Waste & Sustainable Products.