BREAKING NEWS

BREAKING NEWS

Oil firm EnQuest sees 2019 output rise to at least 63,000 boepd

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LONDON (Reuters) - British North Sea-focused oil firm EnQuest expects to raise its production this year at least 14 percent to between 63,000 and 70,000 barrels of oil equivalent per day (boepd), it said on Tuesday.

Enquest produced 55,447 boepd in 2018, within its forecast range.

"Our focus on cost control and capital discipline, combined with our improved cash generation capability enables further repayment of debt, which remains the priority for the Group," said Chief Executive Amjad Bseisu.

(Reporting by Shadia Nasralla, editing by Louise Heavens)

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