Edition:
United Kingdom

EnQuest PLC (ENQ.L)

ENQ.L on London Stock Exchange

19.50GBp
18 Jan 2019
Change (% chg)

0.44 (+2.31%)
Prev Close
19.06
Open
19.50
Day's High
19.92
Day's Low
19.26
Volume
10,817,795
Avg. Vol
6,645,860
52-wk High
38.59
52-wk Low
18.32

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Wed, Dec 5 2018

EnQuest sees 20 percent higher oil production in 2019

EnQuest expects to produce about 20 percent more oil next year as the indebted British North Sea producer strives to recover from a series of minor setbacks at its flagship field.

UPDATE 2-EnQuest sees 20 pct higher oil production in 2019

* RBC analysts say 2019 forecast lower than expected (Adds analyst comments, shares, details)

EnQuest sees 20 percent higher oil production in 2019

Dec 5 EnQuest Plc said on Wednesday that it expects to produce between 63,000 to 70,000 barrels of oil equivalent per day (boepd) in 2019, about 20 percent higher than this year and mainly driven by the Magnus oilfield.

EnQuest aborted sales talks for Kraken stake due to debt deadline: sources

LONDON EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approached, industry and banking sources said.

EnQuest aborted sales talks for Kraken stake due to debt deadline - sources

LONDON EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approached, industry and banking sources said.

UPDATE 1-EnQuest aborted sales talks for Kraken stake due to debt deadline - sources

* Opted for loan against ringfenced stake instead of sale (Updates paragraph 10 on debt position)

EnQuest aborted sales talks for Kraken stake due to debt deadline- sources

LONDON, Sept 12 EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approached, industry and banking sources said.

EnQuest to issue discounted shares to buy Magnus oilfield

LONDON UK-focused oil company EnQuest is offering new discounted shares to buy out the Magnus oilfield and has borrowed money against 15 percent of its Kraken field as it seeks to reduce its debt pile of almost $2 billion.

UPDATE 3-EnQuest to issue discounted shares to buy Magnus oilfield

* Shares down about 13 pct (Recasts, adds detail, share price reaction)

EnQuest plans $138 mln rights issue to buy all of Magnus oil field

LONDON, Sept 7 UK-focused oil company EnQuest , which already owns a quarter of the Magnus oil field, is planning a rights issue for $138 million to help it buy the rest from BP, it said on Friday.

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