@b2idigital: Kolibri Global Energy Inc. (TSX: KEI, NASDAQ: KGEI) announced a successful first False Caney well in an operations update on its Tishomingo field in Oklahoma. The update also covers the three Clifton Mack wells, which now have tubing installed and have been on controlled flowback and production. Kolibri Global Energy Inc. is a B2i Digital Featured Company. See the company's in-depth profile at: https://b2idigital.com/kolibri-global-energy-inc The False Caney formation has no locations currently booked in Kolibri’s reserves report: • The Lovina well, a 1.2 mile lateral and Kolibri’s first False Caney well, has been averaging 636 barrels of oil equivalent per day (BOEPD), which includes about 545 barrels of oil per day • The company is hoping the False Caney will add many future drilling locations, which would increase its reserves and thus value for its shareholders • Kolibri expects future False Caney wells to be mainly 2-mile laterals, which would lead to even higher production rates, assuming the same productivity per foot of lateral as the Lovina well Wolf Regener, President and CEO, commented on what the Lovina result could mean for Kolibri’s reserves: “Since our reserve report includes no False Caney reserves, this could be a material catalyst for the Company and may lead to meaningful increases in our reserves and, in turn, value for our shareholders.” Read the full release: https://kolibrienergy.com/kolibri-global-energy-inc-announces-successful-false-caney-well/ The Clifton Mack wells were drilled on acreage classified as probable reserves in the reserve report, so Kolibri expects that this will add additional proved reserves to the next reserve report. Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional 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. Discover more Featured Companies, Featured Experts, and upcoming Featured Conferences at b2idigital.com. David Shapiro, Chief Executive Officer 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. B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security. See the complete Disclosure at https://b2idigital.com/disclaimer.

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Thursday 12 November 2026 15:01:12 GMT