Tillkännagivande • 12h
Kistos Holdings Plc, Annual General Meeting, Jul 23, 2026 Kistos Holdings Plc, Annual General Meeting, Jul 23, 2026. Tillkännagivande • Jan 08
Kistos Holdings Plc Provides Production Guidance for the Fiscal Year 2026 Kistos Holdings Plc provided production guidance for the fiscal year 2026. For the year, proforma production guidance remains at 19,000 boepd - 21,000 boepd. Proforma figures include production from the Oman Acquisition. The acquisition is expected to complete in the first quarter of 2026. Tillkännagivande • Jun 06
Kistos Holdings Plc, Annual General Meeting, Jun 30, 2025 Kistos Holdings Plc, Annual General Meeting, Jun 30, 2025. Tillkännagivande • Apr 13
Kistos Holdings plc Reiterates Production Guidance for the Fiscal Year 2025 Kistos Holdings Plc reiterated production guidance for the fiscal year 2025. For the year company now expects production to be 8,000 boepd to 9,000 boepd. Tillkännagivande • Jan 08
Kistos Holdings plc Provides Production Guidance for the Fiscal Year 2025 Kistos Holdings Plc provided production guidance for the fiscal year 2025. For the year, the company expects production to be in the range of 8,000 boepd to 9,000 boepd. Tillkännagivande • Jan 01
Kistos Holdings Plc Announces CFO Changes Kistos Holdings Plc announced James David Calvert Thomson will assume the position of Chief Financial Officer on January 1, 2025. James succeeds Richard Slape who has held this position since October 2021 and will be stepping down from his Board responsibilities. James was appointed to Kistos as Deputy CFO in October 2024, facilitating a smooth transition of roles with Richard over the past three months. James is an ACA-qualified accountant and a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). Age is 40. Previous directorships within the last 5 years: JT CFO Advisory Limited. Tillkännagivande • Dec 31
Kistos Holdings Plc Announces Board Changes Kistos Holdings Plc announced James David Calvert Thomson will become a member of the Board of Directors on January 1, 2025. James succeeds Richard Slape who has held this position since October 2021 and will be stepping down from his Board responsibilities. James was appointed to Kistos as Deputy CFO in October 2024, facilitating a smooth transition of roles with Richard over the past three months. James is an ACA-qualified accountant and a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). Age is 40. Previous directorships within the last 5 years: JT CFO Advisory Limited. Tillkännagivande • Jul 04
Kistos Holdings Plc, Annual General Meeting, Jul 19, 2024 Kistos Holdings Plc, Annual General Meeting, Jul 19, 2024. Tillkännagivande • Jun 28
Kistos Announces the Positive Results of a Soft Cycling Relaxation Trial Completed at its Hill Top Farm Gas Storage Facility Kistos announced the positive results of a soft cycling relaxation trial completed at its Hill Top Farm gas storage facility. The trial, conducted at the start of May, and overseen by independent geotechnical experts, has confirmed the ability to increase 'working gas' capacity by 24% from 17.8 million to 22 million therms, an increase of 4.2 million therms, which is expected to significantly increase the revenue from both intrinsic seasonal trades and extrinsic trading. This conversion of 4.2 million therms from cushion gas to working gas brings the Hill Top facility in line with original design parameters and will allow for the gas to be sold by Kistos at an optimal time in order to maximise intrinsic revenues, whilst our trading partner will aim to capture additional upside from market-driven price volatility. Whilst this is the first study undertaken since the acquisition of the Hill Top Farm and Hole House Farm facilities from EDF Energy (Gas Storage) Limited earlier this year, the trial represents the fifth phase of a project which was initiated under EDF ownership, and demonstrates the opportunity to realise significant near and medium term upside from the assets. Kistos is now evaluating the economics of recommissioning the Hole House facility. Hole House was developed specifically for gas storage and was operational from 2001 through to 2018 when a period of re-brining the caverns commenced. Three out of the total four caverns are now brine filled, with cushion gas sold to market. Hole House requires approximately one-third as much cushion gas as Hill Top for the same amount of working gas. This study is due to complete during H2 2024. Tillkännagivande • Jun 19
Kistos Holdings plc Announces Directorate Changes Kistos Holdings plc announced the appointment of Stephen Pawson to the Board as an independent Non-Executive Director with immediate effect. Stephen will replace Julie Barlow, who steps down from the Board to focus on other professional commitments. Mr. Pawson has 40 years' finance experience in the oil and gas exploration and production sector. He spent ten years both with Phillips Petroleum and ARCO British, fulfilling various financial roles in the UK and overseas. He then joined Star Energy, where he set up the finance function and was involved in its IPO in 2004, which was the largest on AIM that year. From 2017 to 2019, Mr. Pawson was the Finance Director of RockRose Energy plc where he was again involved in setting up the finance function, incorporating several acquisitions, and in various funding/financing activities. In August 2023, he was appointed a non-executive director of Axies Ventures Ltd, a startup company involved in non-ferrous minerals exploration. Stephen Hargrave Pawson (aged 68): Stephen Pawson does not own any shares in the Company. Current Directorships: Axies Ventures Ltd.; Evans & Pawson Ltd. Previous Directorships (within 5 years): Waters Evans Pawson & Filbin Ltd.; Lythe Hill Park Management Company Ltd.; Lythe Hill Park Ltd. Tillkännagivande • Apr 25
Kistos Holdings Plc (AIM:KIST) completed the acquisition of EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited. Kistos Holdings Plc (AIM:KIST) entered into a Sale and Purchase Agreement to acquire EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited for £25 million on February 20, 2024. Under the terms, Kistos will acquire 100% of the share capital of EDF Energy. The Transaction is conditional on Kistos making a voluntary notification of the proposed acquisition under the National Security and Investment Act 2021. Panmure Gordon & Co Limited acted as financial advisor and joint broker to Kistos. Simon Folley, Ed Lukins and Jonathan Rosen acted as legal advisor to Kistos Holdings.Kistos Holdings Plc (AIM:KIST) completed the acquisition of EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited on April 23, 2024. Kistos funded the acquisition from existing cash resources. Tillkännagivande • Feb 20
Kistos Holdings Plc (AIM:KIST) entered into a Sale and Purchase Agreement to acquire EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited for £25 million. Kistos Holdings Plc (AIM:KIST) entered into a Sale and Purchase Agreement to acquire EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited for £25 million on February 20, 2024. Under the terms, Kistos will acquire 100% of the share capital of EDF Energy. The Transaction is conditional on Kistos making a voluntary notification of the proposed acquisition under the National Security and Investment Act 2021. Panmure Gordon & Co Limited acted as financial advisor and joint broker to Kistos. Tillkännagivande • Feb 13
Kistos Holdings plc Provides Balder Field Operational Update Kistos Holdings Plc announced that the upgrade of the Joutun FPSO is 90% complete and that first oil is now anticipated to be the end of Fourth Quarter 2024. Kistos is encouraged by recent activity, in particular the progress the Operator has made in working to convert more of the established 2C resources into sanctioned reserves through the ongoing drilling programme. The Company will continue to update the market in line with the Operator. In the event that first production is not achieved until 2025, due to the structure agreed upon through the acquisition of Mime Petroleum A.S. in 2023, the economics of the acquisition mitigate any effects of a delay by reducing the contingent consideration payable by Kistos to the Mime Petroleum bondholders. Tillkännagivande • Jan 18
Kistos Holdings plc Announces Development Approval for Victory Gas Field Kistos Holdings plc notes the North Sea Transition Authority (NSTA) decision to grant development and production consent for the Victory Gas Field, operated by Shell UK Limited. This follows an environmental impact assessment by the Offshore Petroleum Regulator for Environment and Decommissioning ("OPRED"). The Victory Gas Field is situated approximately 29 miles northwest of the Shetland Islands and is estimated to contain a P50 recoverable resource of 179 billion cubic feet, equivalent to approximately 7% of the UK's annual natural gas consumption. The gas produced from Victory will be developed as a single subsea tie-back well to GLA infrastructure and transported to the Shetland Gas Plant. The field is expected to reach first gas in the middle of the decade and will see peak production levels of circa 150 million cubic feet of gas per day. Production from the Victory field will significantly increase throughput at the Shetland Gas Plant, further extending the life of the Greater Laggan Area whilst reducing overall unit operating expenditure. Tillkännagivande • Dec 18
Kistos Holdings plc Restarts Production At Shetland Gas Plant Kistos a joint venture partner in the Greater Laggan Area and co-owner of the Shetland Gas Plant, provided an update on the recent shutdown of the plant. Following repair to the heating medium system, the Shetland Gas Plant safely restarted the export of gas on the 16th December. For the purposes of UK MAR, the person responsible for arranging the release of this announcement on behalf of Kistos is Andrew Austin, Executive Chairman. Tillkännagivande • Sep 28
Kistos Holdings Plc Maintains Production Guidance for the Full Year of 2023 Kistos Holdings Plc maintained production guidance for the full year of 2023. For the year, the company expects production to be in the range of 8,500 boepd to 10,500 boepd. Tillkännagivande • Jun 20
Kistos Holdings plc Announces the Conclusion of Exploration Drilling on the Benriach Well, West of Shetland Kistos Holdings plc announced the conclusion of exploration drilling on the Benriach well ("the well"), West of Shetland. The well encountered gas bearing sands in the target Royal Sovereign formation. However the discovered resource is expected to be sub-commercial. The well has been drilled ahead of schedule and the final cost is expected to be within previous guidance. Kistos Energy Limited holds a 25% non-operated working interest in licence P.2411, partnered with TotalEnergies ("operator", 50%) and Rockrose Energy (25%). The Transocean Barents rig was mobilised from Olen, Norway and spud the well on 21 March. A total measured depth of 4,400 metres was reached, and an extensive data acquisition programme has been conducted. This confirmed the presence of gas-bearing sands in the target Royal sovereign formation. Analysis of the acquired data will now be undertaken by the operator. Highlights: Gas bearing reservoir confirmed in the Royal Sovereign formation; Excellent operational performance by the Transo ocean Barents rig, resulting in completion of activities ahead of schedule; Zero Lost Time Incidents /First Aid Cases reported by either staff or contractors to date; Extensive data acquisition programme completed, including rotary sidewall cores, full wireline coverage, live pressures and fluid samples. Tillkännagivande • Jun 06
Kistos Holdings Plc, Annual General Meeting, Jun 30, 2023 Kistos Holdings Plc, Annual General Meeting, Jun 30, 2023, at 10:00 Coordinated Universal Time. 