Kolibri Global Energy Inc. provided an operations update for its Tishomingo field in Oklahoma. Drilling and Completion Operations: The Barnes 7-4H and 7-5H wells were successfully drilled and cased in the Lower Caney formation safely and under budget. The drilling rig is currently moving over to the Emery pad for the drilling of the next two Lower Caney wells and a T-zone well.

The first of these next three wells, the Emery 17-3H, is expected to begin drilling within the week. The Barnes 7-4H and 7-5H are scheduled to begin completion operations within the next two weeks once the drilling rig has moved out and all the equipment for the fracture stimulations has moved in and is rigged up. Recently Completed Wells and Field Update: The Company reported that the Barnes 8-3H well, which is company's first T-zone well utilizing company's latest completion technique and has been on production for just over 2 1/2 months, is currently producing in line with management's forecasted production.

The production from its earlier T-zone wells had declined much harder at this stage. Achieving commercial rates from the T-zone could add many additional well locations and reserves that are not currently reflected in company's reserve estimates. The T-zone formation is present over company's entire acreage block and is thus potentially very significant to the Company.

The current production from the Barnes 8-2H well in the Lower Caney is within management?s forecasted production band range. The Barnes 8-1H well, which is in the Upper Caney, is producing just below management?s expected forecasted production band range. As company previously disclosed, while the Barnes 8-1H is still economic, the Company plans to place company's future Caney wells in the Lower Caney formation.

The gathering system operator for the field has had issues for much of August, which resulted in the Company?s production being restricted from the entire field. The issues are being resolved and the production is rebounding.