11:00 AM EDT, 05/14/2024 (MT Newswires) -- Kolibri Global Energy ( KGEI ) said Tuesday that the borrowing base of its indirect unit, BNK Petroleum, was raised to $50 million from $40 million.

The current outstanding amount drawn on the revolving credit line from BOK Financial ( BOKF ) is $32 million, Kolibri said.

Kolibri shares were down about 3.8% in recent trading.

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