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NTQ Enteq Technologies Plc

9.00
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Enteq Technologies Plc LSE:NTQ London Ordinary Share GB00B41Q8Q68 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.00 8.50 9.50 9.00 9.00 9.00 366,692 08:00:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Machy, Equip 6.25M -2.8M -0.0397 -2.27 6.36M

Enteq Upstream PLC New commercial collaboration (1287K)

11/12/2018 12:00pm

UK Regulatory


Enteq Technologies (LSE:NTQ)
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TIDMNTQ

RNS Number : 1287K

Enteq Upstream PLC

11 December 2018

11 December 2018

Enteq Upstream plc

("Enteq" or the "Company")

New commercial collaboration

Enteq, the oilfield services technology and equipment supplier, announces a new commercial collaboration that will result in a launch of a new product.

The commercial collaboration is with QDC, an oilfield services technology company based in Houston, Texas. The integration of Enteq's well established firmware and electronics, for little incremental development cost to Enteq, with QDC's proven and respected orientation module, will create an innovative Integrated Measurement While Drilling Directional sensor which will become a competitive new product for both companies.

Martin Perry, CEO of Enteq Upstream plc, commented:

"The collaboration demonstrates Enteq's commitment to remain competitive and innovative through new product introductions from both internal engineering investment and partnerships."

For further information, please contact:

Enteq Upstream plc +44 (0)149 461 8739

Martin Perry, Chief Executive Officer

David Steel, Finance Director

   Investec Bank plc (NOMAD and Broker)                               +44 (0)20 7597 5970 

Chris Treneman, Patrick Robb, David Anderson

 
 
 

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.

END

MSCBBBDDXUBBGIB

(END) Dow Jones Newswires

December 11, 2018 07:00 ET (12:00 GMT)

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