Business
Tetragon Partners Requests Kolibri Global Energy's Board to Strengthen Operational Oversight and Execution by Nominating Three Identified Independent Directors
Tetragon Partners UK LLP, the controller of a significant shareholding in Kolibri Global Energy Inc., today announced that it has requested that the board of directors of Kolibri consider the nomination of three highly qualified, independent nominees—Glen Brown, Lee Canaan, and Murray Grigg—for election to the Board at the 2026 annual meeting of shareholders and certain other Board and governance related proposals, including setting the number of members of the Board at five, that support this o
About this update from Kolibri Global Energy Inc
[{"type":"text","content":"LONDON, Feb. 9, 2026 /PRNewswire/ -- Tetragon Partners UK LLP, the controller of a significant shareholding in Kolibri Global Energy Inc., today announced that it has requested that the board of directors of Kolibri consider the nomination of three highly qualified, independent nominees—Glen Brown, Lee Canaan, and Murray Grigg—for election to the Board at the 2026 annual meeting of shareholders and certain other Board and governance related proposals, including setting the number of members of the Board at five, that support this objective. Tetragon is proposing that Wolf Regener and David Neuhauser remain on the Board.","length":632,"tagName":"p"},{"type":"text","content":"Tetragon's proposal is focused on aligning the Board's skill set with Kolibri's most pressing value drivers—especially operational execution in shale development. Tetragon believes Kolibri's high–quality asset base can deliver substantially greater long–term value with stronger, more consistent execution, improved capital efficiency, and enhanced oversight of drilling, completions, spacing, and inter–well communication risks.","length":445,"tagName":"p"},{"type":"text","content":"Biographies:","length":12,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Glen Brown has experience both as a senior executive and as an independent explorationist. Mr. Brown served as the Senior Vice President of Exploration for Continental Resources. Mr. Brown has 42 years of oil and gas experience identifying acquisition and divestiture targets and assessing risks of projects, his extensive knowledge of prospect economics and of horizontal drilling and completions in unconventional resource plays, and his 33 years in various management roles. Mr. Brown previously served as a director on the board of directors of PHX Minerals Inc.","length":566,"tagName":"p"}]},{"val":[{"type":"text","content":"Lee Canaan is the founder and portfolio manager of Braeburn Capital Partners, LLC (a private investment management firm). Ms. Canaan has over 35 years of oil and gas and investment management experience, starting her career as an Exploration Geophysicist at Amoco Production Company, then ARCO, and AIM/Invesco. Ms. Canaan currently serves as a director on the board of directors of EQT Corporation, Aethon Energy and previously served on the board o...