| PROPERTY, PLANT AND EQUIPMENT |
| 9. | PROPERTY,
PLANT AND EQUIPMENT |
SCHEDULE
OF PROPERTY, PLANT AND EQUIPMENT
| | |
Development
and Production Assets | | |
Processing
and Other Equipment | | |
Total | |
| Cost or deemed cost | |
| | | |
| | | |
| | |
| Balance at January 1, 2024 | |
$ | 287,839 | | |
$ | 1,438 | | |
$ | 289,277 | |
| Additions (a) | |
| 31,516 | | |
| 9 | | |
| 31,525 | |
| Balance at December 31, 2024 | |
$ | 319,355 | | |
$ | 1,447 | | |
$ | 320,802 | |
| Additions (b) | |
| 63,000 | | |
| 22 | | |
| 63,022 | |
| Depletion and depreciation | |
| 15,789 | | |
| 23 | | |
| 15,812 | |
| Balance at December 31, 2025 | |
$ | 382,355 | | |
$ | 1,469 | | |
$ | 383,824 | |
| | |
| | | |
| | | |
| | |
| Accumulated depletion and
depreciation | |
| | | |
| | | |
| | |
| Balance at January 1, 2024 | |
$ | 71,747 | | |
$ | 1,369 | | |
$ | 73,116 | |
| Depletion and depreciation | |
| 14,701 | | |
| 23 | | |
| 14,724 | |
| Balance at December 31, 2024 | |
$ | 86,448 | | |
$ | 1,392 | | |
$ | 87,840 | |
| Depletion and depreciation | |
| 15,789 | | |
| 23 | | |
| 15,812 | |
| Balance at December 31, 2025 | |
$ | 102,237 | | |
$ | 1,415 | | |
$ | 103,652 | |
| | |
| | | |
| | | |
| | |
| Net book value | |
| | | |
| | | |
| | |
| At December 31, 2024 | |
$ | 232,907 | | |
$ | 55 | | |
$ | 232,962 | |
| At December 31, 2025 | |
$ | 280,118 | | |
$ | 54 | | |
$ | 280,172 | |
| (a) | Includes
non-cash additions of $162 from capitalized stock-based compensation and $112 from assets
related to ARO liabilities. |
| (b) | Includes
non-cash additions of $226 from capitalized stock-based compensation and $198 from assets
related to ARO liabilities. |
Impairment
There
were no indicators of impairment at December 31, 2025 and 2024.
Kolibri
Global Energy Inc.
Notes
to Consolidated Financial Statements
For
the Years Ended December 31, 2025 and 2024
(Audited,
expressed in thousands of United States dollars) |
|