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RNS Number : 2391E

EnQuest PLC

06 July 2021

EnQuest PLC, 6 July 2021

Bentley 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 the completion of the previously announced transaction to acquire the entire 100.00% equity interest in the P1078 licence containing the proven Bentley heavy-oil discovery from Whalsay Energy Holdings Limited.

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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July 06, 2021 02:00 ET (06:00 GMT)

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