07:41 AM EDT, 05/11/2026 (MT Newswires) -- Kolibri Global Energy ( KGEI ) said the borrowing base of its unit Kolibri Energy US Inc. was increased from US$65 million to US$75 million on its revolving line of credit, on Monday.

The current outstanding amount drawn on the credit facility is about US$44 million. The other terms of the credit facility remain the same.

"While we expect to make another debt paydown of US$4 million 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," said Kolibri Global Energy ( KGEI ) Chief Executive Wolf Regener. "We continue to forecast our year-end net debt to be between US$25 to US$30 million."

U.S.-listed shares of the company were last seen up 4.4% at US$5.35 in pre-market trading.

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