Exhibit 99.1

UNAUDITED CONDENSED

CONSOLIDATED INTERIM

FINANCIAL STATEMENTS

JUNE 30, 2026

KOLIBRI GLOBAL ENERGY INC.  

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION  

(Unaudited, Expressed in Thousands of United States Dollars)  

See accompanying notes to unaudited condensed consolidated interim financial statements.

KOLIBRI GLOBAL ENERGY INC.

CONDENSED CONSOLIDATED STATEMENTS OF

OPERATIONS AND COMPREHENSIVE INCOME

(Unaudited, expressed in Thousands of United States dollars, except per share amounts)

See accompanying notes to the unaudited condensed consolidated interim financial statements.

KOLIBRI GLOBAL ENERGY INC.

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF

CHANGES IN SHAREHOLDERS’ EQUITY

(Unaudited, expressed in Thousands of United States dollars, except number of shares)

See accompanying notes to the unaudited condensed consolidated interim financial statements.

KOLIBRI GLOBAL ENERGY INC.

 CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30

(Unaudited, Expressed in Thousands of United States Dollars)

See accompanying notes to the unaudited condensed consolidated interim financial statements.

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

Kolibri Global Energy Inc. (the “Company” or “KEI”), was incorporated under the Business Corporations Act (British Columbia) on May 6, 2008. KEI is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil, gas and clean and sustainable energy. The Company’s shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.

The unaudited condensed consolidated interim financial statements were approved by the Company’s Board of Directors on August 12, 2026.

These unaudited condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards and International Accounting Standards as issued by the International Accounting Standards Board (IASB) and Interpretations (collectively “IFRS Accounting Standards”) applicable to the preparation of interim consolidated financial statements, including International Accounting Standard (“IAS”) 34, Interim Financial Reporting (“IAS 34”), on a basis consistent with those accounting policies, except as described below, and methods of computation as the annual consolidated financial statements of the Company for the year ended December 31, 2025. The disclosures provided below are incremental to those included with the annual consolidated financial statements and certain disclosures, which are normally required to be included in the notes to the annual consolidated financial statements, have been condensed or omitted. These unaudited condensed consolidated interim financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto in the Company’s annual filings for the year ended December 31, 2025.

At June 30, 2026 the following financial commodity contracts were outstanding and recorded at estimated fair value:

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

The estimated fair value results in a $0.1 million net liability as of June 30, 2026 (December 31, 2025: $0.4 million asset) for the financial oil and gas contracts which has been determined based on the prospective amounts that the Company would receive or pay to terminate the contracts, consisting of a current liability of $0.1 million (December 31, 2025: current asset of $0.4 million).

In July 2026, the Company entered into the following additional financial commodity contracts:

The realized and unrealized gains/losses from the financial commodity contracts are as follows:

 

4.	SUPPLEMENTAL CASH FLOW INFORMATION

Changes in non-cash flow working capital is comprised of the following source (use) of cash:

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

 

5.	PROPERTY, PLANT AND EQUIPMENT

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

In June 2025, the Company’s US subsidiary amended the credit facility, which is secured by the US subsidiary’s interests in the Tishomingo Field. The credit facility, which is now held by a bank syndicate that includes both BOK Financial and Arvest Bank, expires in June 2029 and is intended to fund the drilling of the Caney wells in the Tishomingo Field. The payments on the credit facility are interest only until the June 2029 maturity.

The borrowing base of the credit facility is $75.0 million and the Company has an available borrowing capacity of $30.5 million at June 30, 2026. The credit facility is subject to a semi-annual review and redetermination of the borrowing base. Future commitment amounts will be subject to new reserve evaluations and there is no guarantee that the size and terms of the credit facility will remain the same after the borrowing base redetermination. Any redetermination of the borrowing base is effective immediately and if the borrowing base is reduced, the Company has six months to repay any shortfall.

The credit facility has two primary quarterly debt covenants. One covenant requires the US subsidiary to maintain a positive working capital balance which includes any unused excess borrowing capacity and excludes the fair value of commodity contracts, the current portion of long-term debt (the “Current Ratio”). The second covenant ensures the ratio of outstanding debt and long-term liabilities to a trailing twelve month adjusted EBITDAX amount (the “Maximum Leverage Ratio”) be no greater than 3 to 1 at any quarter end. Adjusted EBITDAX is defined as net income excluding interest expense, depreciation, depletion and amortization expense, and other non-cash and non-recurring charges including severance, share based compensation expense and unrealized gains or losses on commodity contracts. If a covenant is not met, this would be an event of default and the loan would be repayable on demand.

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

The Company was in compliance with both covenants for the quarter ended June 30, 2026. At June 30, 2026, the Current Ratio of the US Subsidiary was 1.65 to 1.0 and the Maximum Leverage Ratio was 0.88 to 1.0 for the three months ended June 30, 2026.

At June 30, 2026, loans and borrowings of $44.5 million (December 31, 2025: $49.5 million) are presented net of loan acquisition costs of $0.8 million (December 31, 2025: $0.7 million).

The number and weighted average exercise prices of stock options are as follows (in Canadian dollars):

The range of exercise prices for the outstanding options is as follows (in Canadian dollars):

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

The fair value of the stock options was estimated using Black Scholes model with the following weighted average inputs:

The number and weighted average fair value of Restricted Stock Units (RSUs) are as follows (in Canadian dollars):

The fair value at grant date for the RSUs was the closing share price on the date of grant.

Stock based compensation was recorded as follows:

Notes to the unaudited

Condensed Consolidated Interim Financial Statements

For the Three and Six Months Ended June 30, 2026

(Unaudited, expressed in Thousands of United States dollars except per share information)

The following table presents the Company’s gross oil and gas revenue disaggregated by revenue source:

Income tax expense is charged at 24.9% for the three months ended June 30, 2026 and 25.1% for the six months ended June 30, 2026 representing the best estimate of the average annual effective tax rate expected to apply for the full year, applied to the pre-tax income of the three-month and six-month periods.

From time to time, the Company may be involved in various legal matters. Management believes that as of June 30, 2026, there are no legal matters whose resolution could have a material adverse effect on the unaudited condensed consolidated financial statements.