Kolibri Global Energy sees 2025 revenue from Tishomingo field up 32%-44% y-o-y

Kolibri Global Energy (KGEI) provided 2025 guidance for its Tishomingo field in Oklahoma. The company expects 2025 production of 4,500-5,100 boepd, up 38%-40% from 2024 guidance, yielding revenue of $75M-$89M, an increase of 32%-44% from 2024 guidance. Sees 2024 adjusted EBITDA $58M-$71M, up 35%-48% from 2024 guidance. Sees 2025 CapEx $48M-$53M. Wolf Regener, CEO, commented, “We are excited to forecast another strong year of growth in 2025, which builds upon the tremendous growth we have already experienced in the last three years. The average production, revenue, and adjusted EBITDA guidance for 2025 again show significant growth from the 2024 forecast numbers, even with a $70 WTI price assumption. The company intends to continue repurchasing shares and has, to date, repurchased approximately 280,000 shares…Our 1.5-mile lateral wells were drilled safely and quickly with an estimated all-in well cost averaging less than $6.3M per well. In addition, the wells we drilled in 2024 were almost all classified as possible locations by our independent reservoir engineering firm on our year end 2023 reserve report. We are looking forward to the new reserve report, which will incorporate the wells we drilled, including the longer laterals, and which we anticipate will lead to increases in our reserves value.”