EnQuest Completes Acquisition of Canamen’s Two Companies

EnQuest PLC yesterday announces that it has completed the acquisition of two companies from Canamens Limited, this agreement and the associated details of the transaction were announced on 9 January 2012.

EnQuest is the largest UK independent producer in the UK North Sea. EnQuest PLC trades on both the London Stock Exchange and the NASDAQ OMX Stockholm. It is a constituent of the FTSE 250 index and OMX Nordix index. Its assets include the Thistle, Deveron, Heather, Broom, West Don and Don Southwest producing fields and the Alma, Galia development. At the end of the first half of 2011, EnQuest had interests in 20 production licences covering 25 blocks or part blocks in the UKCS, of which 18 licences are operated by EnQuest.

[mappress]
Offshore Nieuws Staff , February 2, 2012