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Kistos (KIST) investor relations material
Kistos Corporate presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Operational performance and growth
Achieved Balder Future first oil, driving Balder area production above 11,000 boepd in September 2025.
FY25 production reached 9,000 boepd, at the top end of guidance, with a pro forma exit rate of 22,700 boepd including Oman interests.
Entered Oman with binding agreements for interests in Block 9 and Blocks 3 & 4, expected to double production at low cost.
Major organic growth through FID on Balder Phase VI and investment to increase UK gas storage capacity by 63%.
Strong operational improvements in the Netherlands and UK, with cost efficiency and reliability initiatives.
Financial highlights
Cash and near-cash position of $199 million at year-end 2025, including $28 million of near-cash.
Adjusted debt of $81 million and outstanding bond debt of $280 million.
Over $110 million of capex invested during the year, mainly in the Balder Area.
2P reserves including Oman at 51.7 mmboe and 2C resources at 100.5 mmboe.
Strategic initiatives and acquisitions
Completed five transactions in five years, expanding into the Netherlands, UK, Norway, and Oman.
Focused on acquiring undervalued assets with upside, deploying capital efficiently, and building empowered local teams.
Over $400 million invested since inception, extending asset life and supporting UK energy security.
Committed $25 million by 2027 to increase UK gas storage capacity.
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