tiprankstipranks
Trending News
More News >

Kistos Advances Balder Future Project with Jotun FPSO Sail Away

Story Highlights
  • Kistos Holdings PLC is advancing the Balder Future project with the Jotun FPSO sail away.
  • The project is expected to increase production and unlock future exploration opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Kistos PLC ( (GB:KIST) ) has shared an update.

Kistos Holdings PLC announced a significant development in the Balder Future project with the sail away of the Jotun FPSO from Norway. This milestone is expected to extend the life of the Balder Area field beyond 2045 and increase peak daily production by 80,000 boepd. The project aims to unlock future drilling and exploration opportunities, enhancing Kistos’ production and cash flow.

More about Kistos PLC

Kistos Holdings PLC is an independent energy company focused on generating value in the upstream and midstream markets.

YTD Price Performance: 7.62%

Average Trading Volume: 248,359

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £97.78M

For an in-depth examination of KIST stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App