EnQuest PLC (OSTO:ENQ)
kr 1.65 0.025 (1.54%) Market Cap: 3.18 Bil Enterprise Value: 14.00 Bil PE Ratio: 0 PB Ratio: 0.70 GF Score: 49/100
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Full Year 2018 EnQuest PLC Earnings Call Transcript

Mar 21, 2019 / 09:30AM GMT
Release Date Price: kr2.38 (+12.44%)
Amjad Bseisu
EnQuest PLC - CEO & Executive Director

Morning, ladies and gentlemen, and welcome to our full year results presentation 2018. We will take answers from the room first and then we will take answers remotely at the end of the presentation at the Q&A.

So joining me today to my left is Bob Davenport, our Managing Director for the North Sea Operations; Martin Mentiply, our Chief Petroleum Engineer; and last, but not least, Jonathan Swinney, our Chief Financial Officer.

I'm going to start through an overview of the performance and then turn over to Bob, who will cover the operations in detail, and then Martin will discuss our views and confidence on Kraken as that is topical and Jonathan then presenting the financial results as usual. I will then return at the end to discuss the summary for the outlook for 2019 and beyond before we move to Q&A. So our strategy, I think, is clear on a focused business model, where we are the operator of choice for maturing and underdeveloped hydrocarbon assets. We are now up to 14 fields in the U.K., 2 production sharing contracts and

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