Kistos Expands into Norway with Deal to Acquire Mime Petroleum
Investment firm Kistos said Wednesday it had reached a conditional agreement to acquire all of the outstanding shares of…
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Investment firm Kistos said Wednesday it had reached a conditional agreement to acquire all of the outstanding shares of…
Kistos has reached a conditional agreement to acquire all of the outstanding shares of Mime Petroleum. On completion, the acquisition will add 24 MMboe of 2P reserves (operator estimate) plus 30 MMboe of 2C resources, increasing total Group reserves plus resources to approx. 80 MMboe.
Investment firm Kistos said Wednesday it had reached a conditional agreement to acquire all of the outstanding shares of…
Var Energi will be making an additional investment of $1.2 billion in the Balder X development project.
Vår Energi has provided an update on the progress for the Balder X development and a revised cost estimate which reflect increased scope of work, the continued impact from global supply chain challenges, Covid-19 and schedule change. The Company's production target of more than 350,000 boed by the end of 2025 is unaffected.