Kistos Holdings plc has increased its interests for $12 million in the Balder Area, containing the Balder and Ringhorne Øst oil fields, in the Norwegian central North Sea.
Tag: Kistos Holdings plc
Kistos secures two Oman blocks
Kistos signed the $148 million binding agreement for the three blocks in December 2025.
Rockhopper appoints Richard Slape as NED
Rockhopper Exploration plc has appointed Richard Slape to the board as a non-executive director, with immediate effect. His appointment comes as senior independent director Alison Baker’s retirement from the board at the next general meeting, expected in June 2026. “I would like to thank Alison for her unstinting support and contribution to the company’s progress […]
Kistos enters 2026 with strong cash position
Kistos Holdings plc ended 2025 in a “robust” financial position of $199 million cash, as it looks to further benefit from its newly acquired licence interests in Oman. PRIORITIES The cash figure includes $75 million in tax rebates relating to activity on its Norwegian assets in 2024. The company noted that tax rebates of approximately […]
Kistos expands footprint into Middle East
Kistos Holdings plc has entered the Middle East with “immediately cash-generative” working interest acquisitions for $148 million in three blocks, onshore Oman. RESILIENT The company signed the binding agreement with Mitsui E&P Middle East B.V., effective 1 January 2025, for 5% in block 9, and 20% in blocks 3 and 4. Block 9 covers two […]
Kistos issues 2m shares in options exercise
Kistos Holdings plc has applied for a block admission of two million ordinary shares, of £0.10 each, to trade on AIM. The ordinary shares relate to share option exercises under the company’s 2021 employee incentive plan and 2025 long-term incentive plan. Admission is expected on or around 24 October 2025. As at 2 September 2025, […]