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NTQ.GB Enteq Technologies Plc

0.00 (0.00%)
17 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Enteq Technologies Plc AQSE:NTQ.GB Aquis Stock Exchange Ordinary Share GB00B41Q8Q68
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.75 8.00 9.50 8.75 8.75 8.75 0.00 06:50:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Enteq Technologies PLC Result of General Meeting (7548R)

30/10/2023 4:08pm

UK Regulatory

Enteq Technologies (AQSE:NTQ.GB)
Historical Stock Chart

From May 2023 to May 2024

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RNS Number : 7548R

Enteq Technologies PLC

30 October 2023

Enteq Technologies plc

("Enteq" or the "Company")

Result of General Meeting

Enteq Technologies plc (AIM:NTQ.L), the energy services technology supplier, is pleased to announce that at its General Meeting held earlier today, all resolutions were duly passed.

For further information, please contact:

Enteq Technologies plc +44 (0)20 8087 2202

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

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(END) Dow Jones Newswires

October 30, 2023 12:08 ET (16:08 GMT)

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