Kolibri Global Energy Inc. announced that its indirect wholly-owned subsidiary BNK Petroleum (US) Inc. has successfully drilled and cased the Barnes 7-3H well (98.07% working interest) in its Tishomingo field in Oklahoma. The completion of the Barnes 7-3H well has been scheduled for the middle of February, with flow back and production anticipated in March. The drilling rig will now rig down and immediately move to the Barnes 8-4H (99.8% working interest) location, which has already been built.

The Barnes 8-4H well is also expected to take less than 30 days to drill. This well was renamed from Barnes 8-1H (as it was previously referred to in the Company's prior news release) to Barnes 8-4H.