04/09/2026
From “Garbage Tar” to 65 Billion Barrels 😥
-GO LONG on Kolibri?
💲 (NASDAQ: KGEI) 💲
President Trump once described Venezuelan crude as “garbage tar" - heavy oil requiring specialized refining.
Today, he calls a proposed U.S.–Venezuela arrangement “the biggest oil deal in world history,” involving majority U.S. control of more than 65 billion barrels.
That reversal illustrates how energy policy can shift when geopolitics, market conditions, and domestic priorities change.
The challenge is ex*****on. Venezuela’s oil infrastructure is severely degraded, and restoring production could require years and billions of dollars. The potential supply impact remains uncertain, while political and operational risks are substantial.
There is a more direct domestic alternative: high-API Oklahoma crude ➡️
Kolibri Global Energy (NASDAQ: KGEI) operates in Oklahoma’s Tishomingo Field, producing premium 44–48° API light sweet crude from the Caney Shale. This oil is highly compatible with U.S. refineries and requires less upgrading than Venezuela’s ultra-heavy crude.
Kolibri’s production is also liquids-weighted, with an approximately 72%–85% oil mix plus NGLs. Recent Barnes and Velin wells are helping drive production and cash flow.
In Q1 2026, Kolibri reported:
Average production of 4,685 BOEPD, up 15% year over year.
Oil production growth of 21%.
Record quarterly net revenue of $19.6 million.
Adjusted EBITDA of $14.8 million, up 16%.
Net income of $4.0 million.
The contrast is clear:
🤔 Venezuela: Ultra-heavy crude, major infrastructure requirements, and significant political and ex*****on risk.
😁 Kolibri’s Oklahoma assets: Premium light crude, domestic infrastructure, transparent U.S. jurisdiction, and current production.
Headline-grabbing foreign energy deals may attract attention, but reliable domestic barrels remain the more tangible foundation of energy independence.
Not investment advice.
