LONDON (Alliance News) - Oilfield services and technology supplier Enteq Upstream PLC Thursday said its trading in the year to date has been in line with expectations on the back of new business wins in China and the Middle East.
In a statement following its annual general meeting, the company said trading in its financial year from April 1 to date has been in line with its expectations.
The company said it has won new business in China and the Middle East in the period and has continued to broaden its US customer base.
In addition, the company said the commercial release of the Pulser down-hole data transmission technology has been successful.
Enteq shares were up 0.6% to 32.7 pence per share on Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Enteq Tech (NTQ)