Kistos signed the $148 million binding agreement for the three blocks in December 2025.
Tag: Oman
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 […]
Power Metal looks to Saudi Arabia-Oman potential
Power Metal Resources plc has signed a consulting agreement with Jasper Consult DMCC potentially to build a new exploration asset base in Saudi Arabia and Oman. PHASES The London and Dubai-based strategic consultant, with “extensive expertise” in both countries, will aid the junior company establish a presence through a phased approach. Power Metal said that the deal […]