NTQ Enteq Technologies Plc

TIDMNTQ

RNS Number : 5509Q

Enteq Technologies PLC

18 October 2023

Enteq Technologies plc

("Enteq" or the "Company")

Investor Presentation via Investor Meet Company

Enteq Technologies plc (AIM:NTQ.L), the energy services technology supplier, is pleased to announce that Andrew Law (CEO) and Mark Ritchie (CFO) will provide a live presentation relating to the Investor Presentation via Investor Meet Company on 20th October 2023 at 11:00am BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet ENTEQ TECHNOLOGIES PLC via:

https://www.investormeetcompany.com/enteq-technologies-plc/register-investor

Investors who already follow ENTEQ TECHNOLOGIES PLC on the Investor Meet Company platform will automatically be invited.

For further information, please contact:

Enteq Technologies plc +44 (0)20 8087 2202

www.enteq.com

Andrew Law, Chief Executive Officer

Mark Ritchie, Chief Financial Officer

   Cavendish Capital Markets Ltd (NOMAD and Broker)                +44 (0)20 7220 0500 

Ed Frisby, Fergus Sullivan (Corporate Finance)

Andrew Burdis, Barney Hayward (ECM)

About Enteq Technologies' SABER Tool

The SABER Tool (Steer-At-Bit Enteq Rotary Tool) is a step change in directional drilling technology, developed by Enteq Technologies and based on a concept created by Shell. The ingenuity of the SABER Tool approach lies in the application of proven technologies in novel ways to achieve a sleek, elegant, and mechanically simple design, thereby seeking to improve reliability and project uptime versus traditional rotary steerable systems (RSS).

Rather than using pads or plates for steering, the SABER Tool uses an internally directed pressure differential system across the bit face. Removing these external contact points offers the potential for reduced tool wear and improved reliability, while also achieving true at-bit steering. The sleek, plain collar design also offers the potential for a smoother borehole, further improving reliability, uptime and cost efficiency.

Quoted on the AIM market of the London Stock Exchange (AIM: NTQ.L), Enteq Technologies is a proudly independent UK and Houston-based engineering firm renowned for its high-temperature (HT) expertise that makes the SABER system one of the world's few directional drilling designs intended to be suitable for HT applications. The Company is bringing SABER to commercialisation. For additional information please visit www.enteq.com/products/rotary-steerable-system-srss/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBVLFFXBLBFBQ

(END) Dow Jones Newswires

October 18, 2023 06:07 ET (10:07 GMT)

Enteq Technologies (LSE:NTQ)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Enteq Technologies (LSE:NTQ)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024