Kistos Holdings Plc · LSE:KIST
Kistos — Investor Presentation (September 2025)
12 slides from Kistos's investor presentation, September 2025
Slide 1: Corporate Presentation September 2025
Corporate Presentation September 2025 1
Slide 2: Disclaimer
Disclaimer Disclaimer This presentation and its enclosures and appendices (the “presentation”) have been prepared by Kistos plc (the “Company”) exclusively for information purposes. This presentation has not been reviewed or registered with any public authority. This presentation is confidential and
Slide 3: Our team: Board of Directors
Our team Board of Directors Experienced management team with a successful track record of delivering growth and returns Executive management team Andrew Austin James Thomson Peter Mann Chief Financial Officer Executive Chairman Chief Executive Officer Andrew is the Executive Chairman of Peter was ap
Slide 4: Strategy at a glance
Our strategy Strategy at a glance Generating value across the upstream and midstream markets Accelerated growth Accelerating growth by pursuing value-accretive M&A deals. Our Journey A flexible mandate allows us to capitalise on overlooked opportunities outside the traditional E&P model OCT NOV MAY
Slide 5: Trading update highlights
Trading update Trading update highlights Unlocking near-term value through Balder Future Ongoing FY25 production Balder Future has Balder Phase VI production in guidance of reached peak progress following Balder Phase V 8.0 – 9.0 kboepd production June FID Production from Jotun Targeting reserves of
Slide 6: Balder Future
Balder Area Balder Future Adding 15 mmboe1 2P reserves and >8 kboepd peak production2, with an operating cost of ~$5/boe Final Investment Peak Production Decision Subsea infrastructure installation 14-well drilling campaign Jotun FPSO upgrade Protecting Sail away shareholders (March 2025) Hybrid Bon
Slide 7: Balder Phase VI and beyond
Norway Balder Phase VI and beyond Unlocking high-value, low-cost barrels Ghost King/Prince Ringhorne Balder Phase VI East (to be sanctioned in 2025) King area development Conversion of 2C Balder Future Prince up-dip (First Oil achieved June 2025) resources to 2P reserves, targeting 2C Balder future
Slide 8: Greater Laggan Area
United Kingdom Greater Laggan Area Unlocking future upside potential FY24 net production: 3,240 boepd Change of operator TotalEnergies maintains its stake in the GLA, following Prax going into administration Kistos remains confident that they will continue to operate the assets responsibly and effic
Slide 9: Hill Top and Hole House
United Kingdom Hill Top and Hole House Diversification of revenue streams Traded materially more since acquisition Completed acquisition of EDF’s onshore gas storage business in Cheshire, UK, for £25 million Diversified the asset portfolio into a stable marketplace that offers significant growth pot
Slide 10: The Netherlands
The Netherlands The Netherlands Minimal impact, renewably powered platform FY24 net production: 2,070 boepd Q-10A Planned shutdown of the TAQA-operated P15-D platform overran during H1 2025, causing production to come in lower than H1 2024, partially offset by flush production post TAR We are priori
Slide 11: Growth and development
Our outlook Growth and development Substantial progress and expansion over an accelerated timeline 2025 priorities Balder Future Production guidance first oil of 8.0 – 9.0 kboepd Achievement of first oil from the Growing our daily production to an Jotun FPSO and successful ramp average of 9.0 kboepd
Slide 12: Kistos plc contact details
Kistos plc 2nd Floor 3 St James’s Square London SW1Y 4JUA United Kingdom 12