tidd83

Small-Cap Investor

[Baron Investments @baroninvestment]

VAR ENERGI have confirmed today that they are selling North Sea Crude for $130/BBL.

The biggie is that KISTOS holds a 10% working interest in the Balder Area, which is operated by them. Production flows are 70-80kboepd through to 2030. Anyway, whatever price Vår is realising on Balder crude, Kistos receives the same price on its proportionate share of production.

The market hasn’t priced this in, Kistos remains tiny relative to the cash flow that’s incoming.

The read-through from today’s Vår is extraordinarily positive let alone what's coming from Oman.

[OBe1trader @OB1trade]

Strong Q1 update from Kistos. pro-forma production already ahead of guidance at 21.8kboepd and ~$75m EBITDA for the quarter. Oman approvals largely in place and balance sheet remains robust. Feels like the proof phase has started. #KIST

[Baron Investments @baroninvestment]

The very pleasing bit -

All necessary approvals for the transfer of Blocks 3&4 have been obtained, including Ministerial Approval, with completion expected following issuance of the Royal Decree.

Both Blocks 3&4 and Block 9 have continued to produce and export uninterrupted throughout the recent developments in the wider area.

"The oil and gas produced from these assets is exported directly via the Arabian Sea, bypassing traffic in the Strait of Hormuz"

[Baron Investments @baroninvestment]

Oman crude soars to nearly $150, material movement for holding KISTOS. A huge premium over Brent.

[Baron Investments @baroninvestment]

new meeting with KISTOS now arranged so happy to convey any of your feedback

Understand Andrew Austin is being interviewed tomorrow

[Baron Investments @baroninvestment]

Well played KISTOS, big boost to group production and reserves

Unfortunately I had to cancel last meeting with CEO Peter Mann, will look to catch up again very soon

[Baron Investments @baroninvestment]

KISTOS -

Panmure Liberum's "Oh man, Oman!" note just out

A significant boost to their target price as they lift from 307p to 431p

"The bold move into a new region is an exciting one for Kistos, and we would anticipate a strong re-rating of the shares as investors digest the potential of the new assets. With the acquisition doubling Kistos resource base to 106.6mmboe – comprising 50.0mmboe of 2P reserves and 56.6mmboe of 2C resources, it is clear that significant upside is on offer..."

"...Kistos is now at an inflection point, with 2026 set to transform the company. Both the addition of Oman and a full year of Balder production will deliver substantial growth in revenues and FCF is material. We see a material rise in net cash for further M&A and possible returns to shareholders. "

"...the Oman acquisition now taking FY26 production to 19-21kboepd. However, we estimate higher production for 2026 due to our belief that Norway and Oman production may be stronger due to additional wells being drilled in early 2026...."

"...The deal has an effective date of 1 January 2025 and is expected to complete in 1Q26. Therefore, the actual consideration paid out on completion should be lower. Kistos have spoken in the past about exploring options for investment outside of the North Sea basin, and as such this move makes a lot of sense. We believe that returns on investment on Oman will be greater than those made under the UK’s penal fiscal regime, and this offers more long-term growth potential. Investors should be very excited by the move, and the substantial FCF generated in the coming years alongside vast growth potential from both 2C and prospective resource on offer. Mistui are believed to be exiting Oman as they rationalise their global portfolio and are taking the opportunity to monetise mature assets to free up capital for deployment in other areas such as low carbon ventures"

[john @john78846295]

#KIST @kistosplc

Panmure Liberum note just out with a significant boost to their target price as they lift from 307p to 431p!

[Touchstone Explor. @TouchstoneExp]

📢 Touchstone Exploration’s Central Block update is out.

🔗 https://t.co/H2voVM7rT3
#TXP #OilandGas #Trinidad #LNG #EnergyUpdate

[Touchstone Explor. @TouchstoneExp]

📢 Cascadura Update!

Touchstone drilled to 7,020 ft in 22 days.

More: https://t.co/EpPTOkFADG

#TXP #Cascadura #OilandGas #TrinidadEnergy #EnergyUpdate

[Touchstone Explor. @TouchstoneExp]

🚨 Touchstone Exploration has recommenced drilling operations on Pad B 🚨

Advancing our 2025 drilling program as we remain focused on achieving our development goals. Stay tuned for more updates.

#TouchstoneExploration #OilAndGas #Spud #PadB #EnergyNews

[Touchstone Explor. @TouchstoneExp]

Touchstone Exploration Inc. (TSX:TXP)(OTC: PBEGF)(LSE:TXP): https://t.co/Nmx5krAwna

[Touchstone Explor. @TouchstoneExp]

📢 #Touchstone officially moves into Central Block! This is a major milestone for Touchstone, as we continue to consolidate onshore in #Trinidad and expand our portfolio of high-quality assets.

Learn more: https://t.co/GMg2Hr7Hbx

#TXP #OilAndGas #LNG

[tidd83 @tidd_83]

@Hyperoptic internet down AGAIN in the WA4 area. This has to be the fifth time in the last two weeks - it’s beginning to become a bit of a joke now - I thought your service was meant to be stable. What am I paying for??

[tidd83 @tidd_83]

@Hyperoptic broadband down again for the whole street - 3 days on the run. No response to complaint emails, surely you treat your customers better than this??

[Touchstone Explor. @TouchstoneExp]

Our CEO spoke with The Trinidad Guardian, discussing the importance of Trinidad to our business and the growing opportunities in the country’s energy sector with the recent momentum in LNG development.

@TouchstoneExp is proud to be leading the way!

🔗 https://t.co/wm54aYlysk
#TXP #OilandGas #Trinidad #Energy

[Touchstone Explor. @TouchstoneExp]

Congratulations to the Honourable Kamla Persad-Bissessar on becoming Prime Minister of Trinidad and Tobago.

We look forward to working together to develop the country's energy resources and support sustainable growth.

#TouchstoneExploration #TrinidadAndTobago #Leadership #EnergyDevelopment

[tidd83 @tidd_83]

@Hyperoptic 2 outages in as many days and not just isolated to myself! Can we get this sorted out please - I can’t believe I’m starting to think your getting as bad as Virgin!

[Touchstone Explor. @TouchstoneExp]

🚀 Exclusive Interview with Paul Baay!

Touchstone Exploration's CEO shares insights on Trinidad & Tobago’s role as a natural gas hub, its infrastructure strengths, and future energy prospects.
https://t.co/dVIBZEm83F
#Energy #NaturalGas #Trinidad #PaulBaay #TouchstoneExploration

[tidd83 @tidd_83]

@jcmoran15 Definitely TXP, infrastructure all in place and drill to fill with a new acquisition of production and facilities in tow from Shell