Kistos PLC Tulip Oil publishes competent person's report (6314V)
April 15 2021 - 8:00AM
UK Regulatory
TIDMKIST
RNS Number : 6314V
Kistos PLC
15 April 2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO
ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS
UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.
15 April 2021
Kistos plc
(" Kistos " or the " Company ")
Tulip Oil Netherlands Offshore B.V. publishes competent person's
report on its material hydrocarbon assets
Kistos ( LON: KIST ), the AIM quoted closed-ended investment
company, notes, further to the Company's announcement on 12 March
2021 in relation to the proposed acquisition of the entire issued
and outstanding share capital of Tulip Oil Netherlands B.V. (" TON
") from Tulip Oil Holding B.V. (the " Acquisition "), that TON's
wholly-owned subsidiary, Tulip Oil Netherlands Offshore B.V. ("
TONO ") has this morning published a competent person's report
produced by Sproule B.V. (" Sproule ") on its material hydrocarbon
assets (the " TONO CPR ").
The TONO CPR can be downloaded using the below link:
https://newsweb.oslobors.no/obsvc/attachment.obsvc?messageId=530295&attachmentId=215065&obsvc.item=1
The Company further notes that during the course of next week it
intends to publish, as part of an admission document in relation to
the Acquisition, a separate competent person's report, also
produced by Sproule, specifically in relation to the assets it has
conditionally agreed to acquire from Tulip Oil Holding B.V.
Enquiries:
Kistos plc
Andrew Austin c/o Camarco Tel: 0203 757
4983
Panmure Gordon
Nick Lovering / Atholl Tweedie Tel: 0207 886 2500
/ Ailsa Macmaster
Camarco
Billy Clegg / James Crothers / Tel: 0203 757 4983
Hugo Liddy
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END
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