(RTTNews) - Kolibri Global Energy (KGEI) issued 2025 guidance for its Tishomingo field in Oklahoma. The company's current plan anticipates bringing nine wells on production in the current year. For 2025, the company projects: adjusted EBITDA in a range of $58 million to $71 million; and revenue in a range of $75 million to $89 million. Average production is anticipated in a range of 4,500 to 5,100 boepd.
Wolf Regener, President and CEO, said: "We are excited to forecast another strong year of growth in 2025, which builds upon the tremendous growth we have already experienced in the last three years. The average production, revenue, and adjusted EBITDA guidance for 2025 again show significant growth from the 2024 forecast numbers, even with a $70 WTI price assumption."
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