Kistos Holdings Announces Directorate Changes

Source: www.gulfoilandgas.com 6/19/2024, Location: Europe

Kisto, the low carbon intensity energy producer pursuing a strategy to acquire assets with a role in energy transition, is pleased to announce the appointment of Stephen Pawson to the Board as an independent Non-Executive Director with immediate effect. Stephen will replace Julie Barlow, who today steps down from the Board to focus on other professional commitments.

Mr. Pawson has 40 years' finance experience in the oil and gas exploration and production sector. He spent ten years both with Phillips Petroleum and ARCO British, fulfilling various financial roles in the UK and overseas. He then joined Star Energy, where he set up the finance function and was involved in its IPO in 2004, which was the largest on AIM that year. From 2017 to 2019, Mr. Pawson was the Finance Director of RockRose Energy plc where he was again involved in setting up the finance function, incorporating several acquisitions, and in various funding/financing activities. In August 2023, he was appointed a non-executive director of Axies Ventures Ltd, a startup company involved in non-ferrous minerals exploration.

Commenting, Andrew Austin, Kistos' Executive Chairman, said:

"I am pleased to announce that Steve has agreed to join the Kistos Holdings plc Board. His knowledge and experience will be invaluable as we continue to grow the business for the benefit of all stakeholders."

"I would like to express a huge debt of gratitude to Julie, who has served Kistos tirelessly since its inception in 2020. Her contribution over the past four years helped the business navigate its IPO and first acquisition, as well as the subsequent expansion into two new countries and into the gas storage industry."


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