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Kolibri Global Energy Inc.Bullish
Kolibri Global Energy (KGEI) announced that its three Clifton Mack wells in the Tishomingo field are producing approximately 2,100 BOEPD, marking a 55% increase from the previous week. Additionally, the company successfully completed fracture stimulation for the Lovina 5-8-1HF well and expects to begin flowback operations early next week.…more
Kolibri Global Energy Inc.
Kolibri Global Energy has completed fracture stimulation on three Clifton Mack wells, with production expected to begin shortly, and finished drilling the Lovina well for testing in Q4. Additionally, the Board approved a share repurchase program to buy back up to 1,797,574 common shares, representing approximately 5% of outstanding shares, effective from September 28, 2026, to September 27, 2027.…more
Kolibri Global Energy Inc.
Kolibri Global Energy Inc. reported record second-quarter 2026 revenue of $22.5 million and net income of $8.5 million ($0.24 per share), representing year-over-year increases of 109% and 197%, respectively. Production reached 4,690 BOEPD, a 46% increase from the prior year, while the company expanded its credit facility to $75 million in May 2026.…more
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Kolibri Global Energy Reports Production Growth at Tishomingo Field
Kolibri Global Energy announced that its new wells in the Tishomingo field have seen a 55% increase in production compared to the previous week following a new fracture stimulation design. The company expects continued performance improvements as the wells stabilize and additional projects proceed.…more
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Kolibri Global Energy has renewed its normal course issuer bid to repurchase up to 5% of its outstanding shares. The company also reported successful completion of drilling and stimulation on new wells, expecting increased production and improved cash flow.…more
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