$KIST.L

2 stories mentioning KIST.LUpdated 2m ago

Every FINWIRES story that references KIST.L, newest first.

Vår Energi Takes Final Investment Decision on North Sea's Balder Project

Vår Energi (VAR.OL) made a final investment decision for the Balder Next New Wells project in the North Sea.Under the project, the upstream oil and gas company will develop seven new wells, which will be tied back to its Jotun floating production, storage, and offloading vessel. The start-up is expected in the fourth quarter of 2027, with the wells expected to provide 86 million barrels of oil equivalent gross in proved plus probable reserves.Vår Energi is the operator and owns a 90% stake in the Balder field, while the remaining 10% is owned by Kistos (KIST.L) unit Kistos Energy Norway.

$KIST.L$VAR.OL

Equities48d ago

Kistos Prices $300 Million of Senior Secured Bonds

London-listed energy company Kistos (KIST.L) priced its $300 million senior secured bonds at par issued to investors across the Nordics, the UK, and other geographies.The bonds carry a coupon of 9.875% per year and mature in four years, according to a Friday filing. The release of the proceeds remains subject to the company's acquisition of certain blocks in Oman.Kistos plans to use the proceeds to redeem its existing Norwegian bonds and for general corporate purposes.

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