Update

RNS Number : 2971T

EnQuest PLC

18 November 2013

 



The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, Guernsey and the Isle of Man. The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, The Republic of Ireland, Japan, South Africa or in any other jurisdiction where it is unlawful to distribute this document.

Update

("EnQuest")

EnQuest PLC, an independent oil & gas development and production company, has mandated Numis Securities Limited to arrange a series of meetings with retail stockbrokers and wealth managers commencing today, Monday 18 November 2013. An offer of bonds may follow, subject to market conditions.

-Ends-

EnQuest PLC Jonathan Swinney (Chief Financial Officer) Michael Waring (Head of Communications & Investor Relations)	Tel: [phone]
Bell Pottinger Nick Lambert David Bass Duncan Mayall	Tel: [phone]
Numis Securities Michael Dyson Oliver Cardigan Jamie Lillywhite	Tel: [phone]

Notes to editors

EnQuest is the largest UK independent producer in the UK North Sea. Oil and gas development and production company EnQuest PLC, trades on both the London Stock Exchange and the NASDAQ OMX Stockholm. It is a constituent of the FTSE 250 index. Its assets include the Thistle, Deveron, Heather, Broom, West Don, Don Southwest and Conrie producing fields and the Alma and Galia development. At the end of H1 2013, EnQuest had interests in 33 production licences covering 45 blocks or part blocks in the UKCS, of which 25 licences are operated by EnQuest. In addition, EnQuest also has an interest in two blocks offshore in Sabah, Malaysia.

EnQuest believes that the UKCS represents a significant hydrocarbon basin in a low risk region, which continues to benefit from an extensive installed infrastructure base and skilled labour. EnQuest believes that its assets offer material organic growth opportunities, driven by exploitation of current infrastructure on the UKCS and the development of low risk near field opportunities. www.enquest.com 

 

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