Enteq Tech Regulatory News (NTQ)

Enteq Upstreamplc ("Enteq" or the "Company") 

AGM Statement

Enteq, the oilfieldservices technology and equipment supplier, made the following statement at its Annual General Meeting held earlier today:

"Enteq confirms that year to date trading had been in line with management expectations. Notable new business has been achieved with customers in China and the Middle East as well as a continued broadening of the customer base in North America.

"The commercial release of a new down-hole data transmission (Pulser) technology has been successful, further increasing the range of Enteq Measurement While Drilling products."

The Company is pleased to confirm that all resolutions proposed at today's Annual General Meeting were duly passed.

For further information, please contact:

Enteq Upstream plc +44 (0)1494 618741

Martin Perry, Chief Executive Officer

David Steel, Finance Director

Investec Bank plc (Nomad and Broker) +44 (0) 20 7597 4000

Chris Treneman, Patrick Robb, David Anderson

Vigo Communications +44 (0) 20 7016 9571

Peter Reilly, Patrick d'Ancona