What is the estimated net present value (NPV) and internal rate of return (IRR) for the Lovina drilling and completion program?

Answer

The operations‑update news release for Kolibri Global Energy Inc. (TSX: KEI / NASDAQ: KGEI) that you provided focuses on the successful fracture‑stimulating and controlled flow‑back of the four Lovina 9‑16 wells (Lovina 9‑16‑1H, 2H, 3H and 4H). It describes the wells’ status (100 % working interest, flow‑back of stimulation fluid, etc.) but it does not disclose any financial metrics for the Lovina drilling and completion program, such as:

• Estimated Net Present Value (NPV)
• Estimated Internal Rate of Return (IRR)
  

These figures are typically presented in a company’s technical or economic evaluation documents (e.g., a “Technical Report,” “Economic Assessment,” or a “Management Discussion & Analysis” section of a quarterly/annual report) rather than in a brief operational update.

How to Obtain the NPV and IRR Figures

1. Company’s Full Press Release or Investor Presentation

   • The brief Business Wire excerpt you have is likely a truncated version of a larger press release. The full release (often posted on the company’s website under Investor Relations → Press Releases or on the Business Wire site) may include a “Economic Highlights” table that lists the NPV and IRR for the Lovina program.

2. SEC Filings (e.g., Form 8‑K, 10‑Q, or 10‑K)

   • Kolibri is a publicly‑listed company on both TSX and NASDAQ, so it files periodic reports with the U.S. SEC. These filings sometimes contain detailed project economics, including NPV and IRR assumptions for new drilling programs. You can search the SEC’s EDGAR database for “Kolibri Global Energy” and look for the most recent 8‑K (material event) or 10‑Q (quarterly) that references the Tishomingo field or the Lovina wells.

3. Technical/Economic Report (e.g., NI 43‑101 or SEC “Technical Report”)

   • For oil‑and‑gas projects, companies often prepare a technical report that follows the NI 43‑101 (Canada) or SEC “Technical Report” standards. These documents provide reserve estimates, cash‑flow forecasts, and the resulting NPV/IRR calculations. If Kolibri has filed such a report, it will be available on the company’s website or through the SEDAR system (Canada) and the SEC.

4. Investor Conference Call Transcripts or Webcasts

   • Management often discusses project economics during earnings calls or dedicated “Operations Update” calls. Transcripts or slide decks from those calls sometimes include NPV/IRR tables. Check the Events & Presentations section of the Investor Relations site for recent webcast recordings or PDFs.

5. Contact Investor Relations

   • If the information is not publicly posted, you can request it directly from Kolibri’s Investor Relations team (email or phone). Public companies are generally obligated to provide material information to shareholders upon request, especially if it is already disclosed in a public filing.

Typical Ranges for Similar Programs (for context)

While we cannot quote Kolibri’s specific numbers without the source, it may be useful to know the ball‑park figures that other independent oil‑and‑gas developers often target for a drilling‑and‑completion program in a mature, on‑shore U.S. field:

These ranges are illustrative only and should not be taken as Kolibri’s actual estimates.

Bottom Line

• The specific NPV and IRR for the Lovina drilling and completion program are not included in the excerpt you provided.
  
• To obtain the exact figures, you’ll need to locate the full press release, the relevant SEC/SEDAR filing, a technical/economic report, or an investor presentation that contains the “Economic Highlights” for the Lovina program.
  

If you can locate the complete document (or a link to it) and share it, I can extract the numbers for you. Otherwise, the steps above should guide you to the source where Kolibri reports those financial metrics.