Kistos spuds Dutch North Sea Q11 discovery

Kistos PLC spudded the Q11-B appraisal well in license block Q11, Dutch North Sea, about 13 km offshore.

The discovery is being drilled by Borr Drilling's Prospector-1 jack up and is anticipated to take a minimum of 6 weeks to drill and test. Kistos intends to suspend the well for future use in a Q11-B development which could mimic the Q10-A development, with a normally unmanned installation incorporating renewable power generation and provision for four producing wells.

The estimated net recoverable resources associated with Q11-B field are 67- 155 bcf net.

Kistos is operator with 60% interest.