REG - EnQuest PLC - PSC Signing in Peninsular Malaysia

EnquestAnnouncement

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RNS Number : 2341Z  EnQuest PLC  02 April 2026

 

EnQuest PLC, 2 April 2026

EnQuest signs Cendramas PSC in Peninsular Malaysia

 

EnQuest PLC, an independent oil and gas production and development company
listed on the London Stock Exchange, is pleased to announce that its
wholly-owned affiliate, EnQuest Petroleum Production Malaysia Ltd ('EnQuest'),
has signed the Cendramas Production Sharing Contract ('PSC') in partnership
with Medco Asia Pacific Limited ('Medco') and DIALOG Resources Sdn Bhd
('DIALOG') by Petroliam Nasional Berhad (PETRONAS) ('PETRONAS') through
Malaysia Petroleum Management (MPM).

 

Under the terms of the Joint Operating Agreement and the Cendramas PSC,
EnQuest will hold a participating interest of 25.0% in the PSC, alongside
DIALOG (25.0%) and Medco (50.0% and operator), effective from 23 September
2026.

Ends

 

For further information, please contact:

 

 EnQuest PLC                                                      Tel: +44 (0)20 7925 4900
 Amjad Bseisu (Chief Executive Officer)
 Jonathan Copus (Chief Financial Officer)
 Craig Baxter (Head of Investor Relations and Corporate Affairs)

 Teneo                                                            Tel: +44 (0)20 7353 4200
 Martin Robinson
 Harry Cameron

 

Notes to editors

ENQUEST

EnQuest is unlocking value from energy assets. Responsibly. As an independent
energy company with operations in the UK North Sea and across South East Asia,
the Group's strategic vision is to lead as a safe, efficient operator of
mature and underinvested oil and gas assets; sustainably extending field lives
and delivering superior value across the asset lifecycle, as part of a just
energy transition.

EnQuest PLC trades on the London Stock Exchange.

Please visit our website www.enquest.com (http://www.enquest.com) for more
information on our global operations.

Forward-looking statements: This announcement may contain certain
forward-looking statements with respect to EnQuest's expectations and plans,
strategy, management's objectives, future performance, production, reserves,
costs, revenues and other trend information. These statements and forecasts
involve risk and uncertainty because they relate to events and depend upon
circumstances that may occur in the future. There are a number of factors
which could cause actual results or developments to differ materially from
those expressed or implied by these forward-looking statements and forecasts.
The statements have been made with reference to forecast price changes,
economic conditions and the current regulatory environment. Nothing in this
announcement should be construed as a profit forecast. Past share performance
cannot be relied upon as a guide to future performance.

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