Thursday 23 September 2021

Kistos, the low carbon intensity energy producer pursuing a strategy to acquire assets with a role in energy transition is pleased to announce that, following a planned four-week maintenance shutdown previously announced by the Company on 1 September 2021, the TAQA operated P15-D platform has resumed normal operations. In turn, this has allowed the resumption of gas export from the Q10-A gas field, which is operated by Kistos with a 60% working interest.

Commenting, Andrew Austin, Kistos' Interim CEO, said:

"I am pleased that TAQA has completed maintenance operations at P15-D on schedule and that we have been able to restart production from Q10-A on time. This and our on-going drilling programme, which includes work designed to enhance output from the Q10-A area, will allow us to realise enhanced returns from the prevailing gas prices during the remainder of 2021 and into 2022."