| SCHEDULE OF COMPONENTS OF ACCOUNTS RECEIVABLES AGING |
The
components of the accounts receivables aging at December 31, 2025 are as follows:
SCHEDULE OF COMPONENTS OF ACCOUNTS RECEIVABLES AGING
| | |
Current | | |
30
– 60 days | | |
60
– 90 days | | |
Total | |
| | |
| | |
| | |
| | |
| |
| Accounts receivable and other receivables | |
$ | 7,291 | | |
$ | 650 | | |
$ | 129 | | |
$ | 8,070 | |
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) |
The
components of the accounts receivables aging at December 31, 2024 are as follows:
| | |
Current | | |
30
– 60 days | | |
60
– 90 days | | |
Total | |
| | |
| | |
| | |
| | |
| |
| Accounts receivable and other receivables | |
$ | 8,802 | | |
$ | 549 | | |
$ | 382 | | |
$ | 9,733 | |
|
| SCHEDULE OF CONTRACTUAL MATURITIES OF FINANCIAL LIABILITIES, INCLUDING ESTIMATED INTEREST PAYMENTS |
The
following are the undiscounted contractual maturities of financial liabilities at December 31, 2025:
SCHEDULE OF CONTRACTUAL MATURITIES OF FINANCIAL LIABILITIES, INCLUDING ESTIMATED INTEREST PAYMENTS
| | |
Total | | |
2026 | | |
2027 | | |
Thereafter | |
| Liabilities | |
| | | |
| | | |
| | | |
| | |
| Lease payable | |
$ | 1,886 | | |
$ | 1,447 | | |
$ | 439 | | |
$ | - | |
| Loans and borrowings | |
| 49,458 | | |
| - | | |
| - | | |
| 49,458 | |
| Accounts payable and other
payables | |
| 23,183 | | |
| 23,183 | | |
| - | | |
| - | |
| Liabilities | |
$ | 74,527 | | |
$ | 24,630 | | |
$ | 439 | | |
$ | 49,458 | |
|
| SCHEDULE OF FINANCIAL COMMODITY CONTRACTS OUTSTANDING |
At
December 31, 2025, the following financial commodity contracts were outstanding and recorded at estimated fair value:
SCHEDULE OF FINANCIAL COMMODITY CONTRACTS OUTSTANDING
| | |
| |
Total Volume Hedged | | |
Price | |
| Commodity | |
Period | |
(BBLS) | | |
($/BBL) | |
| Oil – WTI Costless Collars | |
January 1, 2026 to March 31, 2026 | |
| 48,000 | | |
| $58.50
- $77.25 | |
| Oil – WTI Deferred Put | |
January 1, 2026 to March 31, 2026 | |
| 20,589 | | |
$ | 50.00 | |
| Oil – WTI Costless Collars | |
April 1, 2026 to June 30, 2026 | |
| 48,300 | | |
| $57.00
- $75.25 | |
| Oil – WTI Deferred Put | |
April 1, 2026 to June 30, 2026 | |
| 9,900 | | |
$ | 52.70 | |
| Oil – WTI Deferred Put | |
April 1, 2026 to June 30, 2026 | |
| 3,900 | | |
$ | 49.50 | |
| Oil – WTI Costless Collars | |
July 1, 2026 to September 30, 2026 | |
| 48,300 | | |
| $50.25
- $66.75 | |
| Oil – WTI Deferred Put | |
July 1, 2026 to September 30, 2026 | |
| 13,800 | | |
$ | 49.50 | |
| Oil – WTI Costless Collars | |
October 1, 2026 to December 31, 2026 | |
| 24,000 | | |
| $52.25
- $69.00 | |
| Oil – WTI Costless Collars | |
October 1, 2026 to December 31, 2026 | |
| 5,100 | | |
| $52.60
- $70.00 | |
| Oil – WTI Deferred Put | |
October 1, 2026 to December 31, 2026 | |
| 14,400 | | |
$ | 49.75 | |
| Oil – WTI Deferred Put | |
January 1, 2027 to March 31, 2027 | |
| 36,000 | | |
$ | 49.75 | |
Subsequent
to year-end, the Company entered into the following additional financial commodity contracts:
| | |
| |
Total Volume Hedged | | |
Price | |
| Commodity
Contract | |
Period | |
(BBLS) | | |
($/BBL) | |
| Oil – Fixed Price Swap | |
April 2026 | |
| 16,000 | | |
| 94.05 | |
| Oil – Fixed Price Swap | |
May 2026 | |
| 15,000 | | |
| 82.60 | |
| Oil – Fixed Price Swap | |
June 2026 | |
| 14,000 | | |
| 84.60 | |
| Oil – WTI Deferred Put | |
October 1, 2026 to December 31, 2026 | |
| 18,600 | | |
$ | 50.50 | |
| Oil – WTI Deferred Put | |
April 1, 2027 to June 30, 2027 | |
| 36,000 | | |
$ | 50.40 | |
| Oil – WTI Costless Collars | |
July 1, 2026 to December 31, 2026 | |
| 84,000 | | |
| $61.50
- $91.00 | |
| Oil – WTI Costless Collars | |
|
| | |
| $
- $ | |
| Oil – WTI Costless Collars | |
|
| | |
| $
- $ | |
| Oil – WTI Costless Collars | |
July 1, 2027 to September 30, 2027 | |
| 36,000 | | |
| $56.00
- $75.50 | |
|