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Kolibri Global Energy Inc. Announces 2025 30% Guaranteed Premium Increase and Year-End Earnings Call

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Dial: 1-833-890-5570
International Dialing: 1-412-504-9708

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When calling, please ask to be connected to the Kolibri Global Energy Inc. phone line.

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“BOEs” refer to barrels of oil equivalent. BOEs/boes can be misleading, especially when used alone. The boe conversion ratio of 6 Mcf:1 Bbl is based on an energy balance conversion method that applies primarily to the heat tip and does not represent an equivalent value at the wellhead. Probable reserves are those additional funds that can be guaranteed to be returned over potential reserves. There is a 10% chance that the amounts actually received will equal or exceed the total amount offered and possible plus potential reserves. The present value of the estimated future net profit referred to herein does not represent the fair market value and should not be construed as the current market value of crude oil and natural gas reserves due to the Company’s properties. Readers should note that references to initial production rates and other short-term production rates are preliminary and do not indicate long-term performance or ultimate availability.

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This news release includes references to sales volumes of “oil”, “natural gas”, and “barrels of oil equivalent” or “BOEs”. “Oil” refers to crude oil and intermediate crude oil together, and “natural gas” means shale gas, in each case as defined by NI 51-101. Production from our wells, primarily disclosed in this press release from the BOEs, consists primarily of oil and associated wet gas. Liquid gas is delivered through a gathering system and then pipelines to a processing facility where it is handled and sold as natural gas and NGLs.

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Information about the company Kolibri Global Energy Inc.

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Kolibri Global Energy Inc. is a North American energy company specializing in the discovery and operation of oil and gas energy projects. Through various subsidiaries, the Company owns and operates energy properties in the United States. The company continues to use its operational expertise to identify and acquire additional oil and gas projects. The Company’s shares trade on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.

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Caution Regarding Forward-Looking Information

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Other statements contained in this news release include “forward-looking information” as such term is used in applicable Canadian securities laws, including statements regarding estimates of cash reserves and future net income and cash flows, expectations regarding additional cash reserves and statements regarding the development of Caney’s resources, including plans, expected results, and timing and profitability of the Company’s 20 operations, and expectations of the Company’s 20 operations. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to differ materially from those reflected in such forward-looking information. Estimated reserves and total future revenues have been independently assessed by NSAI as of December 31, 2025. This assessment is based on an estimated number of wells with a limited history of production and includes a number of assumptions related to factors such as the availability of funds to support the necessary infrastructure, prices, productive wells, and wells. regulation by government agencies and future costs and operating costs. All of these estimates will vary from actual results. Estimates of available oil and natural gas prices due to any particular group of properties, classifications of those reserves based on discovery risk and estimates of expected future income will vary. The Company’s actual production, revenues, taxes, development and operating expenses with respect to reserves will differ from those estimates, and such differences may be material. Estimates of after-tax net present value depend on many factors including the use of tax loss carryforwards. In addition to the foregoing, other important factors or uncertainties that may affect the Company’s reserves or future income related to such reserves include material changes in existing tax or royalty rates and/or regulations, and changes in environmental laws and regulations. Forward-looking information about the development of Caney wells and expectations regarding additional reserves are based on plans and management estimates and the interpretation of test information performed by the Company’s evaluation team on the date the information is provided and are subject to a number of factors and management’s assumptions, including whether the necessary regulatory approvals and funds will be available if necessary, whether the completion strategies require additional development of the Company that is not very consistent or very consistent production, no production rates are being reached, that the demand for oil and gas will be stable, that the price of oil will stabilize or increase, so that there are no unexpected delays, unexpected geological or other effects, equipment failure, delays in permitting or labor disputes or contracts or shortages encountered, that the development plans of the Company and its partners will not change, and it depends on other factors that may cause risks and other factors that may cause other factors that may have a negative economic impact. estimates and actual results will be significantly different from those expressed in such forward-looking information, including that the expected results and estimated costs will not be in line with management’s expectations, the risk of asset prices and foreign exchange rate fluctuations, the Company or its subsidiaries may not be able for any reason to obtain and provide the information necessary to ensure the approval of the necessary funds or that is necessary when regulatory approvals are not available. unforeseen geological consequences are encountered and equipment failures, permitting delays or labor or contractual disputes or shortages are encountered.

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Information on other important economic factors or material uncertainties that may affect portions of the reserves data and other forward-looking statements in this release are contained in the Company’s Form 51-101F1 Statement of Reserves Data and Other Oil and Gas Information for the year ended December 31, 2025, Company Management’s Discussion and Analysis and Information Available Under Company Information, “Annual Information” of the Company. Company profile on

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. The Company undertakes no obligation to update forward-looking statements, except as required by applicable law.

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View the source version on businesswire.com:

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https://www.businesswire.com/news/home/20260317293745/en/

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For more information, contact:

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Wolf E. Regener, +1 (805) 484-3613

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wregener@kolibrienergy.com

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