Kolibri Global Energy (KGEI) Provides Operational Update on Oklahoma Field

Core Insights - Kolibri Global Energy Inc. (NASDAQ: KGEI) has seen a significant increase in its share price, rising by 8.38% from December 22 to December 29, 2025, making it one of the top-performing energy stocks during that week [1]. Operational Update - The company provided an operational update on its Tishomingo field in Oklahoma, reporting a production rate exceeding 6,000 barrels of oil equivalent per day (boepd) following the addition of new wells [3]. - The Barnes wells, in which Kolibri holds a 100% interest, are producing approximately 465 boepd each, with nearly 85% of that production being oil. One of these wells is expected to contribute more to production in the future [4]. - The Velin wells, where the company has a 97% interest, are producing lower-than-expected rates of about 200 boepd, with 72.5% being oil. The company is currently installing tubing to enhance flow rates [4]. - The Lovina wells are performing well and demonstrating strong economics despite lower crude oil prices [4]. Management Commentary - Wolf Regener, President and CEO, expressed satisfaction with the field's performance, highlighting the high oil percentage in recent wells, which is improving the company's netbacks. He noted that the early production profiles of the Lovina and Barnes wells are promising, with expectations of similar results [5].

Kolibri Global Energy (KGEI) Provides Operational Update on Oklahoma Field - Reportify