Kistos PLC Appointment of Joint Corporate Broker (8728P)
22 October 2021 - 5:00PM
UK Regulatory
TIDMKIST
RNS Number : 8728P
Kistos PLC
22 October 2021
22 October 2021
Kistos plc
("Kistos" or the "Company")
Appointment of Joint Corporate Broker
Kistos (LSE: KIST), the low carbon intensity energy producer
pursuing a strategy to acquire assets with a role in energy
transition is pleased to announce the appointment of Joh.
Berenberg, Gossler & Co. KG ("Berenberg") as Joint Corporate
Broker alongside Panmure Gordon, the existing Nomad and Corporate
Broker, with immediate effect.
ENDS
Enquiries:
Kistos plc
Andrew Austin c/o Camarco Tel: 020 3757
4983
Panmure Gordon
Nick Lovering / Atholl Tweedie Tel: 020 7886 2500
/ James Sinclair-Ford
Berenberg
Emily Morris / Alamgir Ahmed Tel: 020 3207 7800
Camarco
Billy Clegg / James Crothers Tel: 020 3757 4983
Notes to editors
Kistos plc was established to acquire and manage companies in
the energy sector engaging in the energy transition trend. The
Company has acquired Tulip Oil Netherlands B.V., which has a
portfolio of assets, including profitable, highly cash generative
natural gas production, plus appraisal and exploration
opportunities. The Company has 19.5 mmboe of 2P reserves and an
additional 102.1 mmboe of contingent resources.
Kistos is a low carbon producer. The Q10-A gas field in the
Dutch North Sea (60% operated working interest) has recorded a
Scope 1 carbon emissions intensity of 13g CO(2) e/boe since
inception. This compares to an industry average of 22kg CO(2) /boe
for gas extracted from the UK continental shelf. The Q10-A normally
unmanned installation is located approximately 20 km from the Dutch
shore. It is powered sustainably via wind and solar power and is
remotely operated, limiting offshore visits, which are conducted by
boat.
https://kistosplc.com/
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END
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