Kolibri's False Caney Test Flows 636 boe/d in Oklahoma's Tishomingo

Kolibri Global Energy's first horizontal test of the False Caney formation in Oklahoma's Tishomingo field averaged roughly 636 barrels of oil equivalent per day, including 545 barrels of oil per day, the company reported November 11. The number matters less for its own sake than for what it could add: Kolibri currently books no False Caney drilling locations in its reserves report, so a repeatable result would create inventory growth on acreage it already operates.

The Lovina 5-8-1HF well was drilled with a 1.2-mile horizontal lateral. Kolibri expects future False Caney wells to run laterals of roughly two miles, and management believes the longer laterals could support higher production rates if productivity per foot holds near the initial test. That is an expectation, not a result. Additional drilling and production history will be needed to determine whether the per-foot assumption survives longer laterals.

What did the Clifton Mack wells deliver?

Alongside the False Caney test, Kolibri disclosed updated results from three Clifton Mack wells targeting the established Caney formation. Those wells are producing approximately 1,911 barrels of oil equivalent per day combined, including about 720 barrels of oil per day. Kolibri holds working interests of approximately 97.45% to 99.03% in the three wells.

The Clifton Mack completions used a revised hydraulic fracturing design intended to improve completion performance. According to the company, the wells have recovered more fracture stimulation fluid during initial flowback than earlier Caney completions. Management said the different flowback characteristics could influence how production develops as the wells continue operating — a signal that the operator is still reading the completion response rather than declaring it settled.

All four wells together show a combined reported rate of approximately 2,547 barrels of oil equivalent per day. The figures reflect different stages of early production and should not be read as stabilized output. Decline behavior is the variable that will decide what these wells are actually worth.

Why the reserve classification matters

The three Clifton Mack wells sit on acreage classified as probable reserves in Kolibri's existing reserve report. Continued successful production could support reclassifying some of those volumes as proved reserves in future evaluations. That is a bookkeeping change with real consequences: proved reserves drive borrowning capacity, reserve-based valuation, and the credibility of development plans.

The False Caney opportunity works differently. It is not about reclassifying existing volumes but about proving a productive interval that currently has zero locations in the reserves report. Successful development would add economic drilling locations without forcing the company to establish an entirely new operating area — capital that would otherwise go to leasehold, infrastructure, and overhead stays inside the Tishomingo footprint.

Kolibri President and Chief Executive Officer Wolf Regener said the company plans to continue developing the established Caney formation while evaluating additional productive intervals that are not currently represented in its booked reserves. The company also expects to fold lessons from the latest completions into future hydraulic fracturing designs.

What should practitioners watch?

For operators and investors tracking small-cap resource plays, the update offers two potential sources of value: incremental production from existing development acreage and possible expansion of the economic drilling inventory. The principal considerations are the usual ones for an early-stage play — production decline rates, well costs, commodity prices, and the ability to replicate initial results across additional locations.

The distinction worth keeping straight: the Clifton Mack wells are an execution story on a formation already in the reserves report, while the False Caney is an exploration-adjacent test of an unbooked interval. If the False Caney proves commercially repeatable, Kolibri could expand both its development inventory and its reserve base. For now, the results provide encouraging technical evidence rather than confirmation of a broader commercial development program.

The watch item is the next False Caney well — a two-mile lateral that either supports or breaks the per-foot productivity assumption.