North Sea-focused EnQuest saw first-half profit more than double, buoyed by strong oil prices and a 35% production increase. Profit before tax and net finance costs rose 145% to $215.2 million from $87.8 million in the first half of last year, as production increased to 25,210 boe/d from 18,708 b/d. The company listed on the London Stock Exchange in April 2010 after merging the divested North Sea assets of oil services company Petrofac and Swedish-listed explorer Lundin Petroleum.
展开▼
