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

Text size Aa Aa

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)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.