Mr. Wolf Regener reports

KOLIBRI GLOBAL ENERGY INC. ANNOUNCES BANK LINE INCREASE TO $75 MILLION AND EARNINGS RELEASE AND CALL INFORMATION

The borrowing base of Kolibri Global Energy Inc.'s indirect wholly owned subsidiary, Kolibri Energy U.S. Inc., was increased from $65-million (U.S.) to $75-million (U.S.) on its revolving line of credit, which is held by a bank syndicate led by BOK Financial (BOKF) and includes Arvest Bank. The current outstanding amount drawn on the credit facility is approximately $44-million (U.S.).

Wolf Regener, president and chief executive officer, commented: "We are very pleased to have the support of BOKF and Arvest as we continue to develop our Tishomingo field. While we expect to make another debt paydown of $4-million (U.S.) this month on the credit facility, the increase in our borrowing base provides us with greater flexibility, supports our production and cash flow growth initiatives, and further demonstrates the value of the field. We continue to forecast our year-end net debt to be between $25[-million] (U.S.) to $30-million (U.S.)."

The other terms of the credit facility remain the same.

First quarter earnings release and earnings call

The company expects to release financial and operating results for the first quarter of 2026 before the market opens on May 14, 2026.

In connection with the earnings release, management will host a conference call for investors and analysts on May 14, 2026, at 9 a.m. Pacific Time to discuss the company's results and to host a Q&A (question-and-answer) session. Interested parties are invited to participate by calling:

Dial-in:  1-833-890-5570

International dial-in:  1-412-504-9708

When calling, please request to be joined into the Kolibri Global Energy call.

About Kolibri Global Energy Inc.

Kolibri Global Energy is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the company owns and operates energy properties in the United States. The company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas. The company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on Nasdaq under the stock symbol KGEI.

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