We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 | 9.25 | 9.00 | 9.00 | 0.00 | 08:00:26 |
| 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 |
From Apr 2019 to Apr 2024
TIDMNTQ
RNS Number : 4840B
Enteq Upstream PLC
10 January 2018
10 January 2018
Enteq Upstream plc
("Enteq" or the "Company")
Acquisition of IP
Enteq, the oilfield services technology and equipment supplier, announces an agreement to acquire intellectual property relating to an innovative drilling telemetry system for a nominal upfront consideration of GBP100.
On 9 January 2018, Enteq entered into an agreement to acquire, from a technology developer with a proven track record, five patents relating to the "DrillLink" system; a broadband data transfer solution for communication between "down hole" Logging While Drilling tools and the surface.
Enteq envisages developing these patents into a fully commercialised set of products during the next five years, which would be subject to royalty payments. The technology contained within these products will give Enteq access to a new and broader customer base.
Martin Perry, CEO of Enteq Upstream plc, commented:
"The acquisition of these patents continues Enteq's drive to develop new technologies that extend the applications for our product lines. Following further development the technology contained within these patents will offer the market significant cost savings through improved speed of data transfer."
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 company news service from the London Stock Exchange
END
ACQBBLFFVFFXBBF
(END) Dow Jones Newswires
January 10, 2018 05:33 ET (10:33 GMT)
1 Year Enteq Technologies Chart |
1 Month Enteq Technologies Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
