EnQuest PLC Acquisition (3855M)
January 21 2021 - 1:00AM
UK Regulatory
TIDMENQ
RNS Number : 3855M
EnQuest PLC
21 January 2021
EnQuest PLC, 21 January 2021
Bressay transaction completion
EnQuest PLC (together with its subsidiaries, 'EnQuest'), an
independent oil and gas production and development company listed
on the London and Stockholm stock exchanges (ENQ.L and ENQ.ST), is
pleased to announce that the previously announced Bressay
transaction has completed.
As a result, EnQuest has a 40.81% interest in Bressay and
operatorship and Equinor has a 40.81% non-operated interest, with
Chrysaor retaining an 18.38% interest.
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925
4900
Amjad Bseisu (Chief Executive)
Jonathan Swinney (Chief Financial Officer)
Ian Wood (Head of Communications & Investor
Relations)
Jonathan Edwards (Senior Investor Relations
& Communications Manager)
Tulchan Communications Tel: +44 (0)20 7353
4200
Martin Robinson
Martin Pengelley
Harry Cameron
Notes to editors
ENQUEST
EnQuest is providing creative solutions through the energy
transition. As an independent production and development company
with operations in the UK North Sea and Malaysia, the Group's
strategic vision is to be the operator of choice for maturing and
underdeveloped hydrocarbon assets by focusing on operational
excellence, differential capability, value enhancement and
financial discipline.
EnQuest PLC trades on both the London Stock Exchange and the
NASDAQ OMX Stockholm.
Please visit our website www.enquest.com for more information on
our global operations.
Forward-looking statements: This announcement may contain
certain forward-looking statements with respect to EnQuest's
expectations and plans, strategy, management's objectives, future
performance, production, reserves, costs, revenues and other trend
information. These statements and forecasts involve risk and
uncertainty because they relate to events and depend upon
circumstances that may occur in the future. There are a number of
factors which could cause actual results or developments to differ
materially from those expressed or implied by these forward-looking
statements and forecasts. The statements have been made with
reference to forecast price changes, economic conditions and the
current regulatory environment. Nothing in this announcement should
be construed as a profit forecast. Past share performance cannot be
relied upon as a guide to future performance.
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END
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