07:01 AM EDT, 05/07/2025 (MT Newswires) -- Kolibri Global Energy ( KGEI ) on Wednesday provided an update on its operations in the Tishomingo field in Oklahoma, including the completion of the Lovina wells.

The Lovina 9-16-1H, Lovina 9-16-2H, Lovina 9-16-3H, and Lovina 9-16-4H wells have all been successfully drilled. The 1.5-mile lateral wells were drilled in an average of less than 10.5 days each, compared to the 1.5-mile lateral Alicia Renee wells, which were drilled in 14 days each.

The completion operations for the Lovina wells are scheduled to start in the last week of May, and production is expected to start in early July.

After completing the drilling of the Lovina wells, the drilling rig was mobilized to the Forguson 17-20-3H well location. Kolibri is operator and has a 46% working interest in the well. The Forguson well is scheduled to be fracture stimulated after the Lovina wells have been completed.

"The further 25 percent reduction of drilling days between the Alicia Renee wells and the Lovina wells is significant," said Kolibri President and CEO Wolf Regener. "We had budgeted almost 15 days for each of these wells, and having them come in at an average of less than 10.5 days and under budget is fantastic."