Kolibri Global Energy Inc. 30 Day Initial Production Rate of 605 BOEPD From the Barnes 8-4H Well; Averaging 615 BOEPD Over the Past Seven Days

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May 24, 2022

Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, OTCQB: KGEIF – (temporarily: KGEID)) is pleased to announce that the Barnes 8-4H well (99.8% working interest) has averaged 605 Barrels of oil equivalent per day (BOEPD), of which 515 barrels are oil, for the first 30 days of initial production (“IP30”). The well is located in the Company’s Tishomingo field in Oklahoma.