Kistos to buy EDF UK gas storage assets for £25m

20th Feb 2024 12:17

(Sharecast News) - Kistos has finalised a sale and purchase agreement to acquire EDF Energy Gas Storage, it announced on Tuesday, including two gas storage facilities onshore in the UK, namely Hill Top Farm and Hole House Farm.

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Kistos expects first oil at Balder site by end of 2024

13th Feb 2024 07:22

(Sharecast News) - Oil and gas group Kistos Holdings has said that its Joutun floating production storage and offloading (FPSO) on its Balder field in Norway is nearly complete and should be producing oil by the end of the year.

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Kistos set to benefit from Victory Gas Field approval

18th Jan 2024 14:55

(Sharecast News) - Kistos, a joint venture partner in the Greater Laggan Area (GLA) and co-owner of the Shetland Gas Plant, responded to the North Sea Transition Authority's (NSTA) decision to grant development and production consent for the Victory Gas Field, operated by Shell UK, on Thursday.

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Kistos confirms restart of Shetland Gas Plant operations

18th Dec 2023 08:26

(Sharecast News) - Kistos Holdings updated the market on the recent shutdown of the Shetland Gas Plant on Monday, which it announced on 12 December.

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Kistos reiterates Shetland guidance despite recent shutdown

12th Dec 2023 13:23

(Sharecast News) - Kistos updated the market on the recent shutdown of the Shetland Gas Plant (SGP) on Tuesday, which took place on 6 December.

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Kistos proforma production, earnings tumble in first half

28th Sep 2023 13:14

(Sharecast News) - Gas and oil producer Kistos reported a 25% fall in total production in its first half on Thursday to 1,659,000 barrels of oil equivalent.

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Kistos secures reversal of Netherlands licence decision

21st Jul 2023 09:18

(Sharecast News) - Kistos announced on Friday that following an appeal, the Netherlands Ministry of Economic Affairs had reversed its decision and granted a five-year extension to the M10/M11 licence.

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Kistos confirms completion of Benriach exploration drilling

19th Jun 2023 10:23

(Sharecast News) - Hydrocarbon producer Kistos announced the completion of exploration drilling on the Benriach well, located West of Shetland, on Monday.

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Kistos condemns windfall taxes even as earnings surge

30th May 2023 16:11

(Sharecast News) - Gas producer Kistos reported average production of 10,600 barrels of oil equivalent per day in its full-year results on Tuesday, up from 4,300 equivalent daily barrels in the prior year.

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Kistos acquires Mime Petroleum in $110m deal

23rd May 2023 14:54

(Sharecast News) - Hydrocarbon producer Kistos announced the successful acquisition of Mime Petroleum on Tuesday, in a deal ultimately worth around $111m.

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Berenberg raises target price on Kistos

26th Apr 2023 09:57

(Sharecast News) - Analysts at Berenberg raised their target price on closed-ended investment company Kistos from 600.0p to 630.0p on Wednesday, stating its deal with Mime Petroleum was "more than just hand waving".

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Kistos inks deal to acquire Mime Petroleum

19th Apr 2023 13:34

(Sharecast News) - Kistos announced a conditional agreement to acquire all outstanding shares of Mime Petroleum on Wednesday.

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Kistos reports progress in UK, the Netherlands

29th Mar 2023 12:33

(Sharecast News) - Oil and gas producer Kistos updated the market on its drilling activities in the Netherlands and the United Kingdom on Wednesday.

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Kistos reports progress on Benriach well

18th Jan 2023 13:43

(Sharecast News) - Gas producer Kistos updated the market on its operations on Wednesday, reporting that the Benriach well was now sanctioned, and a rig contract signed.

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Berenberg lowers target price on Kistos

19th Oct 2022 09:31

(Sharecast News) - Analysts at Berenberg lowered their target price on energy company Kistos from 730.0p to 670.0p on Wednesday but said the stock was still "a cheap buy".

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