Kolibri Global Energy Boosts Tishomingo Field Output To 6,000 BOEPD With Barnes And Velin Wells

Kolibri Global Energy Inc. (the "Company" or "Kolibri") (TSX:KEI, NASDAQ:KGEI) is pleased to provide an operations update on its latest wells in its Tishomingo field in Oklahoma.

FIELD UPDATE

The field, with the addition of the new Barnes and Velin wells, is currently producing over 6,000 Barrels of oil equivalent per day ("BOEPD"). This current production rate includes the offsetting wells that were shut in for the fracture stimulations, some of which are dewatering, while others are producing at higher rates than before being shut in.

BARNES, LOVINA AND VELIN WELLS

The Barnes 6-31-2H, Barnes 6-4H (formerly called Barnes 6-31-3H), Velin 12-9H, and Velin 12-10H were all successfully fracture stimulated with all planned proppant amounts placed and have started flowing back the fracture stimulation fluid.