Business
Kolibri Global Energy Announces Year End Results With a 15% Increase in Production to Over 4,013 BOEPD
All amounts are in U.S. Dollars unless otherwise indicated: 2025 HIGHLIGHTS Average pro...
About this update from Kolibri Global Energy Inc
[{"type":"text","content":"Kolibri Global Energy Announces Year End Results With a 15% Increase in Production to Over 4,013 BOEPD\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadb4 { padding-bottom: 5px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth20 { width: 20% }\n.bwwidth45 { width: 45% }\n.bwwidth53 { width: 53% }\n.bwwidth54 { width: 54% }\n.bwwidth7 { width: 7% }\n.bwwidth75 { width: 75% }\n.bwwidth76 { width: 76% }\n.bwwidth9 { width: 9% }\n \n\n\n\n All amounts are in U.S. Dollars unless otherwise indicated:\n \n\n 2025 HIGHLIGHTS\n \n\n\n Average production for 2025 was 4,013 BOEPD, an increase of 15% compared to 2024 production of 3,478 BOEPD. The increase is due to production from the wells that were drilled and completed in 2025\n \n\n Net revenues for 2025 were $56.9 million, a decrease of 3% compared to 2024. This decrease was primarily due to a 16% decrease in average prices partially offset by a 15% increase in production in 2025 compared to 2024\n \n\n Adjusted EBITDA\n \n (1)\n \n was $42.1 million in 2025 compared to $44.0 million in 2024, a decrease of 4%. The decrease was primarily due to the decrease in revenue from lower prices.\n \n\n The Company’s Total Proved Reserves for 2025 increased by 1% to 40.8 million barrels of oil equivalent, from 2024 with an NPV10 of $440.7 million, according to the Company’s December 31, 2025, independent reserves evaluation\n \n\n Net income in 2025 was $15.5 million ($0.44 per basic share) compared to $18.1 million ($0.51 per basic share) in 2024. The decrease was due to lower revenue from lower average prices, higher depletion expense and higher operating expenses due to increased pro...