Post by Kistos

Kistos today releases its full-year 2025 results, marking a transformational year of development, delivery and portfolio expansion.   The Company has continued this momentum into 2026, with outlook for the remainder of the year confirming Kistos is well-positioned to build further.   ▪️ Proforma production guidance for FY26 of 19,000 – 21,000 boepd, with reserve additions under review following recent project announcements ▪️ Successful pricing of a $300 million senior secured bond, with a 4-year tenor and coupon of 9.875% ▪️ Acquisition of assets in Blocks 3 & 4 and Block 9, onshore Oman, expected to complete H2 2026 ▪️ Continued development of the Balder area, with Phase VI and King wells expected online in H2 2026, and Balder Next starting up in Q4 2027 across seven new production wells   The milestones achieved across 2025 marked a step-change in Kistos’ asset base and growth outlook, providing opportunities to deliver against the Company’s clear focus on value-accretive M&A and disciplined capital allocation.   Read the Company's full annual report here: https://lnkd.in/erf9caFm