Kistos completed the acquisition of Mime Petroleum for $110m.

Kistos, an independent energy company, completed the acquisition of Mime Petroleum, an oil and gas company, for $110m. "After a period during which commodity price volatility and fiscal uncertainty has made it difficult to agree deals in the UK and the Netherlands, I am very pleased to be able to announce Kistos' expansion into Norway. Kistos has evaluated several transactions in the UK and Dutch sectors, but the imposition of punitive windfall taxes and a lack of fiscal certainty have meant that both countries remain difficult places to commit capital and ensure continuity of shareholder returns," Andrew Austin, Kistos Executive Chairman.