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Kolibri Global Energy Inc. Provides Guidance and Corporate Update

Kolibri Global Energy Inc. - Common stock (KGEI) 
Company Research Source: Business Wire
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the “Company” or “Kolibri”) (TSX: KEI, NASDAQ: KGEI) is providing an update on operations and updated guidance.Guidance UpdateThe Company is updating its 2025 forecasted guidance as follows:Revised 2025Forecast% Increase fromFiscal Year 2024   Full Year average production4,000 to 4,400 boepd15% to 27%Revenue(1)US$61 million to US$65 million4% to 11%Adjusted EBITDA(2)US$46 million to US$50 million4% to 14%(1)Assumptions include forecasted pricing for September - December 2025 of WTI US $64/bbl, $3.70 Henry Hub and NGL pricing of $26/boe and includes the impact of the Company’s existing hedges.(2)Adjusted EBITDA is considered a non-GAAP measure. Refer to the section entitled “Non-GAAP Measures” of this news release.The average production, revenue and Adjusted EBITDA guidance show significant growth from 2024 even though this guidance has been revised lower from the Company’s previous guidance due to several factors. Show less Read more
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