Aug. 11 at 4:19 PM
Kolibri Global Energy Inc. (Nasdaq:
$KGEI, TSX:
$KEI) reported Q2 2025 production averaging 3,220 BOEPD, a 3% increase year-over-year, and anticipates substantially higher production from 9 new wells coming online in H2 2025.
Kolibri Global Energy Inc. is a B2i Digital Featured Company. View their complete profile at https://b2idigital.com/kolibri-global-energy and follow Kolibri on X, Facebook, and LinkedIn.
Highlights of today’s operations update include:
- Q2 2025 average production increased to 3,220 BOEPD despite 540 BOEPD reduction from wells temporarily shut-in (halted) during Lovina completion operations.
- Generated Adjusted EBITDA of
$7.7 million in Q2 2025.
- Lovina Wells began production in late July with a 4-day average production ranging from 322 to 643 BOEPD, producing a higher oil percentage than many previous wells.
- Company repurchased over 207,000 shares from April-July 2025 at an average price of
$6.42/share, bringing total repurchases to 504,000+ shares since September 2024.
- Production and operating expenses decreased to
$7.15 per BOE in Q2 2025 vs.
$8.48 per BOE in Q2 2024.
In today’s news release Wolf Regener, President and CEO, commented, “We are pleased that the Company’s wells continued to perform well with average production of 3,220 boepd despite a 540 boepd reduction due to several wells that were temporarily shut-in during the quarter for the Lovina wells completion. The wells are producing a higher percentage of oil than many of our previous wells, and we are running production tubing strings this week, which could lead to higher production based on our past experience.”
See the full news release at: https://kolibrienergy.com/kolibri-global-energy-inc-announces-production-increase-for-the-second-quarter-and-anticipates-significantly-higher-production-from-9-new-wells-in-the-second-half-of-2025/
Kolibri is led by Wolf Regener, President and CEO, alongside a seasoned technical team including CFO Gary Johnson, CPA, MBA, Director of Engineering Dan Simpson, Senior Geologist Allan Hemmy, and Landman Dalia Isaac. The company is focused on developing its oil-rich Caney acreage in Oklahoma.
For additional details, please visit Kolibri’s website at: https://kolibrienergy.com.
Disclosure: David Shapiro, CEO of B2i Digital, personally purchased in the open market and currently owns shares of unrestricted KGEI stock, in line with B2i Digital’s practice of investing alongside its Featured Companies. This post is not intended to solicit the sale of KGEI or any security, and it is not intended to offer any opinion on KGEI as an investment. Conduct your own research and consult with your own professional advisors prior to making any investment decisions. See the complete Disclosure in the Risks and Disclosures section of https://b2idigital.com/disclaimer.