Kolibri Global Energy Inc. Announces 2025 Proved Developed Reserve Increase of 30% and Year End Earnings Call

Executive Summary

• Kolibri Global Energy released its independent reserves evaluation for year‑end 2025, showing total proved reserves of 40.8 MMBOE (+1% YoY) and a 10 % increase in proved developed producing reserve valuation to US$189 million despite lower oil price assumptions.
• Net present value (NPV) of before‑tax proved reserves fell 18 % to US$440.7 million, reflecting the use of a $58/boe oil price benchmark (24 % below the prior year’s $76).
• The company announced it will issue its 2025 earnings release and host an investor conference call on March 19 2026.

Key Details

• Proved Reserves: 40.8 MMBOE total (increase 1 % YoY).
• Proved + Probable Reserves: 57.6 MMBOE (increase 7 %).
• Proved + Probable + Possible Reserves: 71.9 MMBOE (increase 0.5 %).
• NPV (10 % discount, before tax):
• Proved: US$440.7 M (‑18 % YoY)
• Proved + Probable: US$583.9 M (‑16 % YoY)
• Total (PP+P): US$726.5 M (‑20 % YoY)
• Oil Price Assumption: $58 per barrel for 2026 reserve model, 24 % below the prior year’s $76 price; current market >$90/barrel.
• Drilling Program Outlook: Planning to begin 2026 drilling in June with multiple pad locations; 34.85 net additional wells projected over next four years (proved) and 10.92 net wells over five years (probable).
• Well Attribution: Reserves derived from 45 Caney wells, 4 Woodford wells (4.9 % working interest), and 1 Sycamore well (0.7 % WI).
• Spacing & Acreage: Planned well spacing of 107–213 acres (≈6 wells per section) on ~17,696 net acres.
• Reserve Category Breakdown (selected):
• Developed Producing – 7,937 Mbbl gross oil; 9,976 MMcf gross gas; 2,134 Mbbl NGLs.
• Undeveloped – 18,232 Mbbl gross oil; 14,443 MMcf gross gas; 28,409 Mbbl NGLs.
• NPV of Future Net Revenue (Before Tax): Proved total $996.7 M; Probable $490.6 M; Total PP+P $1,487.3 M; Possible $575.2 M; Overall PP+P+Possible $2,062.5 M.
• Earnings Release: Expected before market open on March 19 2026.
• Conference Call Details (Mar 19 2026, 9:00 a.m. PT): Dial‑In 1‑833‑890‑5570; International 1‑412‑504‑9708.

Notable Quotes

“We are very pleased that our proved developed producing reserves increased by 30 percent due to our successful 2025 drilling program… We look forward to continuing our success with our drilling program this year, which we are planning to begin in June.” – Wolf Regener, President & CEO.