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NTQ Enteq Technologies Plc

9.00
0.00 (0.00%)
25 Apr 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 9.00 205,222 08:00:09
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 Contract award (7990Y)

08/12/2017 8:31am

UK Regulatory


Enteq Technologies (LSE:NTQ)
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TIDMNTQ

RNS Number : 7990Y

Enteq Upstream PLC

08 December 2017

8 December 2017

Enteq Upstream plc

("Enteq" or the "Company")

Contract award

Enteq, the oilfield services technology and equipment supplier, announces a contract from a new international customer.

On 7 December 2017, Enteq received confirmation and a cash deposit relating to an initial contract valued at $0.5m for operations in Indonesia. This is the first order Enteq has won in this territory. The contract is for using Enteq's core MWD ("measurement whilst drilling") technology in a geothermal application. The order will be delivered to the customer early in 2018.

Martin Perry, CEO of Enteq Upstream plc, commented:

"Enteq continues to develop new territories and applications for our equipment. This contract award represents the ongoing efforts to broaden the company's market presence.

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

MSCOKFDBFBDKOBK

(END) Dow Jones Newswires

December 08, 2017 03:31 ET (08:31 GMT)

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