Kolibri Global Energy reports Q3 EPS 10c vs. 14c last year

Reports Q3 revenue $15.19M vs. 13.01M last year. KEI’s President and CEO, Wolf Regener commented: “We are pleased that the Company continues to increase production, revenue and adjusted EBITDA as we execute our 2025 drilling program. Our production increased by 40% during the quarter and our adjusted EBITDA increased by 9% as compared to the Q3 of 2024. Our product mix was 66% oil during the third quarter and it increased to 71% in September due to the contribution of the higher percentage oil production from the Lovina wells. We are currently in completion operations on our last four wells for 2025 which we expect will start production in December. As we shifted the completion operations of our last four wells closer to the end of the year, we expect to exit the year with production at an all-time high. These latest wells will have the biggest impact in the Q1 of 2026 by increasing production and generating continued growth for the Company.”