Kolibri Global Energy (KGEI) Valuation Update - May 14

[dan_s]

KGEI closed today at $6.96 up 11.77% on the day and up 27.94% YTD.

I have updated my forecast/valuation model for their Q1 financial results, which were in line with my forecast.
Since the Company's guidance has not change my valuation stays at $11.00, but my confidence level has increased.

Take a look at slides 14 and 15 of today's slides. If the 4 Lovina horizontal development wells that will be completed in June are as good as the Alicia Renee wells completed in 2024, my valuation will increase. If the joint venture well with ExxonMobil on the east side of the Tishomingo Field is successful, my valuation could go as high as $15.00 per share.

If Kolibri's 2025 production is at the low end of their guidance of 4,500 to 5,100 Boepd, my valuation would dip to just $10.00 per share.

My forecast/valuation model has been posted to the EPG website under the Small-Cap tab.

Wolf Regener, Kolibri's CEO will be speaking at our Houston luncheon on May 21.
Seating is limited, so you must register for the luncheon on the EPG website if you wish to attend.

[dan_s]

We still have seats available for the May 21st luncheon. The luncheon is now open to non-members.

Register today at https://energyprospectus.com/kolibri-global-energy-inc-houston-luncheon/