Kolibri Global Energy’s Proved Developed Reserves Rise 30%, NPV10 Valued at $189M
Kolibri Global Energy’s proved developed producing reserves rose 30% to 7.94 million BOE, lifting PDP reserves’ NPV10 by 10% to $189 million despite a 24% lower oil price assumption. Total proved reserves rose 1% to 40.8 million BOE and management plans June drilling across 17,696 net acres.
1. 2025 Reserve Results
Kolibri Global Energy’s independent evaluation of December 31, 2025 reserves shows proved developed producing reserves increased 30% to 7.94 million BOE, total proved reserves rose 1% to 40.8 million BOE, proved plus probable reserves jumped 7% to 57.6 million BOE and possible reserves edged up 0.5% to 71.9 million BOE.
2. Reserve Valuation and Price Assumptions
The NPV of proved developed producing reserves discounted at 10% increased 10% to $188.9 million, while total proved reserves NPV10 before tax stood at $440.7 million, down 18% year-on-year due to a 2026 oil price assumption of $58 per barrel versus current market levels above $90 per barrel.
3. Future Drilling Program
Management plans to commence its 2026 drilling program in June, preparing multiple pad locations across 17,696 net acres in the Caney formation of the SCOOP area and targeting the conversion of undeveloped reserves into additional production over the next four years.
4. Financial Results Timing
The company will release full 2025 financial and operating results on March 19, 2026 before market open, followed by a conference call at 9:00 a.m. Pacific Time to discuss performance and guidance.