Kolibri Global Energy Provides Corporate Update: Enhanced Ratings and Visibility

Kolibri Global Energy Inc. has provided a corporate update. A super rating was given for Trader, Investor, and Global categories, while a composite rating was given for Quality and ESG MSCI categories. The ratings were based on various rankings, including global valuation, EPS revisions, visibility, fundamentals, valuation, financial estimates revisions, consensus, and visibility. The company must be covered by at least 4 of these 5 ratings for the global rating calculation to be performed.

Kolibri Global Energy Inc. (TSX: KEI, NASDAQ: KGEI) has recently provided an update on its operations and revised 2025 financial forecasts. The company's guidance for the year includes an increase in average production from 4,000 to 4,400 barrels of oil equivalent per day (boepd), with a 15% to 27% increase from fiscal year 2024. Revenue is expected to grow from US$61 million to US$65 million, representing a 4% to 11% increase, while adjusted EBITDA is projected to rise from US$46 million to US$50 million, a 4% to 14% increase Kolibri Global Energy Inc. Provides Guidance and Corporate Update^[1].

The primary factor behind the revised guidance is lower-than-expected oil prices, averaging less than $70 per barrel, compared to the $78 per barrel used in the original guidance. Additionally, a drill pipe failure in one of the wells delayed the production of four wells planned for the fourth quarter. This incident, which occurred after the Barnes 6-31-3H well was drilled to total depth, caused the drilling assembly to become stuck in the wellbore. Although the company expects the delay to not impact the ultimate productivity of the well, it has adjusted its forecast accordingly Kolibri Global Energy Inc. Provides Guidance and Corporate Update^[1].

Kolibri Global Energy Inc. also provided an update on its operations. The Barnes 6-31-2H well was successfully drilled under budget. Once the redrill of the Barnes 6-31-3H well is completed, the company will begin completion operations on the two Barnes wells along with the Velin 12-9 and 12-10 wells. The four Lovina wells, completed earlier this year, are still producing at a higher oil rate of 80% and declining at lower rates than other wells. The Forguson 17-20-3H well, located on the east side of the company's property, is also showing improved production with a 21% increase since the last update Kolibri Global Energy Inc. Provides Guidance and Corporate Update^[1].

The company expects annual capital expenditures to be in the range of US$55 million to US$58 million, higher than previously forecasted due to the redrill, weather issues, and cost increases in 2025. Net debt is forecasted to be between US$46 million and US$48 million, with the company expecting to generate cash flow from production to make debt paydowns of $8 million to $10 million in the first quarter of 2026 Kolibri Global Energy Inc. Provides Guidance and Corporate Update^[1].

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. The company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI Kolibri Global Energy Inc. Provides Guidance and Corporate Update^[1].