Kistos Share Discussion Threads

[marcela9] 07/12/2023 15:13

we do not yet know how serious, or otherwise, this is….happy to wait

[mariopeter] 06/12/2023 18:03

Not good after the bell news.

[mariopeter] 05/12/2023 09:26

JANUARI
28.711.542 Nm3
FEBRUARI
23.889.296 Nm3
MAART
26.766.314 Nm3
APRIL
24.857.296 Nm3
MEI
25.338.692 Nm3
JUNI
9.224.659 Nm3
JULI
7.375.908 Nm3
AUGUSTUS
4.346.004 Nm3
SEPTEMBER
19.132.371 Nm3
OKTOBER

NOVEMBER

DECEMBER

[wooster4] 23/11/2023 17:56

Short, mid and long-term forecasts indicating prolonged cold period over Europe - should be positive for gas prices

[mariopeter] 08/11/2023 11:31

Q10 having issues again. Workover needed.



JANUARI
28.711.542 Nm3
FEBRUARI
23.889.296 Nm3
MAART
26.766.314 Nm3
APRIL
24.857.296 Nm3
MEI
25.338.692 Nm3
JUNI
9.224.659 Nm3
JULI
7.375.908 Nm3
AUGUSTUS
4.346.004 Nm3

[yawn1971] 23/10/2023 07:34

Love a bit of Poetry in the morning Pro. Need something at the moment !

[pro_s2009] 22/10/2023 03:36

AIM market fast approaching Covid crash lows.........when is the trend going to break and upwards its goes ?


free stock charts from uk.advfn.com

[mariopeter] 20/10/2023 06:46

Had not noticed IOG slip into administration.

[mariopeter] 09/10/2023 11:03

JANUARI
28.711.542 Nm3
FEBRUARI
23.889.296 Nm3
MAART
26.766.314 Nm3
APRIL
24.857.296 Nm3
MEI
25.338.692 Nm3
JUNI
9.224.659 Nm3
JULI
7.375.908 Nm3

[adg] 02/10/2023 07:44

Time for me to buy with a target to double within a year.

[mariopeter] 28/9/2023 14:12

Q10a platform seems to be struggling and correct more drilling needed. Still results not too bad. Watching Orion .

[ashkv] 28/9/2023 12:46

Per my calcs Kistos should be net cash in the range of USD 50-75 million by YE 2023 given higher Crude/Gas prices as compared to H1 2023, higher production, massive Norwegian Tax Refund and Lower Capex

By end 2024 on start of Jotun FPSO and Brent at $80, UK Gas between 80-100 per Therm I expect Kist Share Price to be comfortably north of 500p!!!

[ashkv] 28/9/2023 12:43

2023 Interim Results


Financial

Robust end-of-period cash position

· Net actual production for the period averaged 9,600 boepd, a 68% increase compared to H1 2022, reflecting a full six months' contribution from the GLA and one month from Norway following the acquisition of Mime

· Pro-forma net daily production averaged 9,200 boe/d across the UK, Netherlands, and Norway

· Realised price decreased to €74/boe in H1 2023 from €139/boe in H1 2022, reflecting significant gas price volatility

· Actual revenues and adjusted EBITDA decreased compared with H1 2022, driven by lower average commodity prices

· Net cash and cash equivalents stood at €247 million at the end of the period, with net debt of €42 million following the assumption of Mime Petroleum's outstanding bonds

Operational

Reporting production in line with guidance

· 2P reserves + 2C resources increased to 108 MMboe (end-2022) following completion of the Mime Petroleum transaction, which marked Kistos' entry into the Norwegian Continental Shelf, and the reinstatement of the M10a and M11 licences in the Netherlands

· Planned maintenance and workover downtime across the UK and the Netherlands reduced production uptime in H1

· Benriach well proved sub-commercial, minimal post-tax net cost to Kistos (c.€3m) due to generous investment allowances granted under EPL

· 4D seismic acquisition campaign over the four producing GLA fields completed

· Reinstated production at Ringhorne in May following a gas lift issue identified by the Operator in February

· Full year production guidance maintained in 8,500 - 10,500 boepd range

Outlook

Investing in the Company's future to maximise value

· Successful appeal to restore M10a and M11, extending licences by 5 years to August 2028 and increasing total Group estimated reserves and resources by 41%

· Ongoing progress towards completion of the Orion oil field Concept Select phase before executing FID in 2024

· Continuing to mature Edradour West opportunity towards FID and ongoing evaluation of 4D seismic expected to lead to additional infill opportunities across the GLA

· Further evaluation work underway at Q10-A with a view to enhancing production from existing wells and/or pursuing infill drilling opportunities

· Jotun FPSO upgrade remains on critical path and operator remains focused on Balder Future production start-up by the end of 2024

[ashkv] 28/9/2023 12:42

HY Results and a new 52 Week Low - Very disappointed in Mr AA - he has lost his magic and let his shareholders down...

SP: 215p
KIST Current Share Price vs 52 Week low of 215p on 28 Sep 23: 0.00%
KIST Current Share Price vs 52 Week High of 537.6p on 4 Oct 22: -60.00%
MarketCap GBP: £178,149,000
MarketCap USD: $217,341,780
Brent: $96.00
British Gas Prices (Next Month): £104
Cash EUR (31 Aug 2023) (Pro Forma): €226,000,000
Cash USD (31 Aug 2023) (Pro Forma): $237,300,000
Debt EUR (30 June 2023) (Pro Forma): €289,000,000
Debt USD (30 June 2023) (Pro Forma): $303,450,000
Net Cash(EUR) (31 Aug 2023) (Pro Forma): -€63,000,000
Net Cash(USD) (31 Aug 2023) (Pro Forma): -$66,150,000
TAX REFUND FROM NORWAY DUE DECEMBER 2023: €71,700,000
Enterprise Value (In USD): $283,491,780
2023 Production Guidance (Mid Point 8,500 to 10,500 boe/d) 9,500
H1 2023 Proforma Production Average: 9,200
Enterprise Value/Barrel (2023 Production Guidance Mid Point): $29,841
Enterprise Value/Barrel (HY 2023 Average Actual Production): $30,814
Enterprise Value/Barrel (2023 Mid Point Guidance Including Norwegian Tax Refund Due Dec 23): $21,917
Enterprise Value/Barrel (2023 Mid Point - Including Decommissioning Costs And Tax Refund Due Dec 23): $42,796
Abandonment Provision (Decommissioning Costs - HY 2023 Results): $203,065,800
Shares Outstanding: 82,860,000
GBPUSD: 1.22
EURUSD: 1.05

[lennonsalive] 19/9/2023 10:19

Why the drop today?

[dimknaf] 01/9/2023 14:06

Presentation and also discussion during the Q&A for Kistos

[mariopeter] 01/9/2023 07:34

Q10 needs some love.


JANUARI
28.711.542 Nm3
FEBRUARI
23.889.296 Nm3
MAART
26.766.314 Nm3
APRIL
24.857.296 Nm3
MEI
25.338.692 Nm3
JUNI
9.224.659 Nm3
JULI

AUGUSTUS

[cf456] 21/8/2023 06:50

Strong start for TTF. Up over 10%.

[dimknaf] 20/8/2023 20:54

I haven't followed Kistos much, but appears cheap and I would like to have exposure in companies that sell in European gas prices.

London Value Investing Club will discuss the company this Thursday, so I guess I can get some insights from there.

[mariopeter] 15/8/2023 09:53

Production from Q10 bit on the low side. Needs an uplift:

[bigalan3] 10/8/2023 07:02

Could we finally be on the upturn.

[cf456] 09/8/2023 14:17

Gas prices jump most in a day since start of Ukraine war - latest updates

"European gas prices have made their biggest leap since the beginning of the Ukraine war as the threat of strikes in Australia sparked worries about global supplies."

[bobby1904] 09/8/2023 13:39

TTF 35% up now..

[cf456] 09/8/2023 11:46

TTF up 20% on the day

[bigalan3] 03/8/2023 10:10

Surely Andrew would not apply for any of the North Sea licences with our punitive tax regime.