EnQuest PLC (ENQ.L)
12 Dec 2017
Thu, Nov 30 2017
Nov 30 EnQuest Plc, a North Sea-focused oil producer saddled with $2 billion in debt, said on Thursday its lenders eased terms on a loan, boosting its shares by as much as 6 percent.
Nov 30 North Sea-focused oil producer EnQuest Plc said on Thursday its production fell 13.3 percent in the 10 months ended October due to shutdowns.
LONDON North Sea-focused oil producer EnQuest on Thursday reported a sharp drop in first-half profits on lower production and delays in ramping up its flagship Kraken oilfield.
* Shares down 3 percent at one-year low (Adds details, quotes, shares, analyst comment)
North Sea-focused oil producer EnQuest cut its full-year production forecast on Wednesday, citing a slower than expected start-up of its flagship Kraken field, sending its shares to a two-month low.
* Says 2017 output could be 18 pct lower than previously expected
Aug 23 North Sea-focused oil producer EnQuest cut its full-year production forecast on Wednesday as prolonged commissioning of its Kraken production storage unit led to lower-than-expected efficiencies.