Kolibri Global Energy (KEI) Emerging Growth Conference summary

Strategic overview and financial position

• Operates shale oil assets in Oklahoma, focusing on the Tishomingo Field with a prudent financial approach and low debt.

• Holds a $75 million credit line, $45 million in debt, and a market cap near $190 million; reserves valued significantly higher than market cap.

• Fully funded for drilling through 2026 using cash flow and credit; consistent production and cash flow growth.

• Share buybacks planned, especially in the second half of the year, and debt reduction ongoing.

• Joined NASDAQ and Russell 2000 in the past two years, enhancing market visibility.

Operational performance and drilling inventory

• 40 million barrels of proved reserves, with 29% proved developed producing and 71% proved undeveloped.

• 48 proved drilling locations, with additional probable and possible sites, providing years of inventory.

• Drilling efficiency improved: 1-mile laterals now drilled in 12 days, 1.5-mile laterals in 10.5 days, reducing costs.

• Operating expenses per barrel are among the lowest in the peer group, supporting strong netbacks.

• Production growth and net operating income have increased steadily, with 100% of annual production replaced through drilling.

Growth opportunities and resource potential

• Actively testing the False Caney interval, which could add significant reserves if successful.

• T-zone also offers additional upside, with future completions planned as Caney production declines.

• Only Caney reserves currently included in reports; False Caney and T-zone represent unbooked upside.

• 9,000 acres of False Caney potential, aiming to move a large portion to proved reserves within 1-2 years.

• Longer laterals and improved completion techniques expected to enhance economics and productivity.