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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.