Kolibri Global Energy Inc. Announces Production Increase for the Second Quarter and Anticipates Significantly Higher Production From 9 New Wells in the Second Half of 2025 - Candlesense

Kolibri Global Energy Inc. Announces Production Increase for the Second Quarter and Anticipates Significantly Higher Production From 9 New Wells in the Second Half of 2025

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated: SECOND QUARTER HIGHLIGHTS Average production for the second quarter of 2025 was 3,220 BOEPD, an increase of 3% compared to the second quarter of 2024 average production of 3,128 BOEPD. The increase was due to production from the wells that were drilled and completed in the last half of 2024, partially offset by decreased production from wells that were shut-in during the completion operations for

Related Questions

How will the 3% production increase in Q2 2025 affect KGE's earnings per share and cash flow forecasts? What is the expected impact on the company's net cash flow and debt service coverage given the new production from 9 new wells in H2 2025? How does the projected production from the nine new wells compare to the company’s historical drilling success rates? What are the expected capital expenditures and drilling costs associated with bringing the nine new wells online? Will the higher production levels lead to revisions of the company's 2025 production guidance or FY2025 revenue outlook? How does the production growth rate compare with peer companies in the same basin or region? What is the expected incremental production from the nine new wells in terms of barrels of oil equivalent per day (BOEPD) and its contribution to total output? What are the expected decline rates for the existing wells that were shut‑in for completion operations, and how will that affect future production? What are the implications for the company's cash flow runway and ability to fund future growth or dividend payments? How will the anticipated higher production affect the company's break‑even oil price and sensitivity to commodity price fluctuations? Are there any regulatory, environmental, or operational risks associated with the new wells that could impact production timelines? What is the market’s reaction to the announcement and how might it influence KGE’s stock price in the short term?