Mr. Wolf Regener reports

KOLIBRI GLOBAL ENERGY INC. BEGINS DRILLING NICKEL HILL WELLS

Kolibri Global Energy Inc. has begun drilling at the company's Tishomingo field in Oklahoma.

Drilling began this week on the Nickel Hill 35-1H well and will be followed by the rig sliding over to drill the Nickel Hill 35-2H well. The company will have a 62.9-per-cent working interest in these wells, with a large integrated oil company participating with their ownership interest.

Wolf Regener, president and chief executive officer, commented: "We are pleased to be continuing our 2024 drilling program and anticipate that both of these wells will be completed at the same time in May. We look forward to getting these wells on production to increase our cash flow further."

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, gas, and clean and sustainable energy. The company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the Nasdaq under the stock symbol KGEI.

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