LONDON BROKER RATINGS: BoA ups L&G; Deutsche Bank cuts Iomart
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:
Read moreMon, 06th Dec 2021 08:39
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:
Read more(Alliance News) - London's FTSE 100 is called to open higher at the start of the week, while the pound climbed and gold hit another record high, with investors hopeful the Federal Reserve could soon cut US interest rates.
Read more(Alliance News) - Kistos Holdings PLC on Wednesday blamed operational shifts and lower gas prices for a decrease in production and earnings.
Read more(Alliance News) - Kistos Holdings PLC on Tuesday said it had completed its acquisition of the gas storage arm of EDF Energy Ltd.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more(Sharecast News) - Kistos has finalised a sale and purchase agreement to acquire EDF Energy Gas Storage, it announced on Tuesday, including two gas storage facilities onshore in the UK, namely Hill Top Farm and Hole House Farm.
Read moreKistos Holdings PLC - Energy Company focused on gas assets in the North Sea and Netherlands - Enters into a sale and purchase agreement to acquire the gas storage arm of EDF Energy Ltd for a total consideration of GBP25 million. EDF Energy owns the Hill Top Farm and Hole House Farm gas storage facilities in Cheshire, England. Kistos will assume operatorship of both sites and is planning to put in place an agreement to work alongside a partner to trade the gas. The Hill Top site has a gas capacity of 17.8 million therms, 3.1% of the UK's total onshore gas storage capacity, with an ongoing programme to increase this to 21.2 million in the short term. The Hole House facility is currently non-operational. Both sites have the capacity to be repurposed to store compressed air or hydrogen, Kistos says, which would "place these assets firmly into the transitional energy space beyond the current key role they play in the UK's supply of gas".
Read moreKistos Holdings PLC - energy company with assets in UK North Sea and onshore Netherlands - Notes announcement by Var Energi ASA, the operator of Balder Field in Norway, confirming that the upgrade of the Joutun floating production storage and offloading vessel is 90% complete and that first oil is now anticipated to be the end of the fourth quarter of 2024. Says: "Kistos is encouraged by recent activity, in particular the progress the operator has made in working to convert more of the established 2C resources into sanctioned reserves through the ongoing drilling programme. The company will continue to update the market in line with the operator." In the event that first production is not achieved until 2025, due to the structure agreed upon through the acquisition of Mime Petroleum AS in 2023, says the economics of the acquisition "mitigate any effects of a delay" by reducing the contingent consideration payable by Kistos to the Mime Petroleum bondholders.
Read more(Sharecast News) - Oil and gas group Kistos Holdings has said that its Joutun floating production storage and offloading (FPSO) on its Balder field in Norway is nearly complete and should be producing oil by the end of the year.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Sharecast News) - Kistos, a joint venture partner in the Greater Laggan Area (GLA) and co-owner of the Shetland Gas Plant, responded to the North Sea Transition Authority's (NSTA) decision to grant development and production consent for the Victory Gas Field, operated by Shell UK, on Thursday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read moreKistos Holdings PLC - London-based low carbon intensity hydrocarbon producer seeking assets "with a role to play in the energy transition", and joint venture partner in the Greater Laggan Area and co-owner of the Shetland gas plant - Says production was safely restarted on December 16 at its Shetland plant, after the repair of its heating medium system. The plant stopped production on December 12.
Read more(Sharecast News) - Kistos Holdings updated the market on the recent shutdown of the Shetland Gas Plant on Monday, which it announced on 12 December.
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