Enteq Tech Regulatory News (NTQ)

Enteq Upstream plc ("Enteq" or the "Company") 

Board appointment

Enteq, the oilfield services technology and equipment supplier, is pleased to announce that Andrew Law was appointed to the Board of Directors, as Commercial Director, on 29 September 2020.

Andrew joined Enteq on 2 January 2019 as Director of International Sales, a non-Board appointment. Initially Andrew's focus was on expanding Enteq's market share outside North America and since March 2020 Andrew has taken responsibility for Enteq's worldwide sales and fulfilment functions.

Andrew has a background in the oilfield through Field Engineering at Schlumberger and General Management within Weatherford. Andrew has worked in corporate finance at KPMG and is a Sloan Fellow from London Business School.

Iain Paterson, Chairman of Enteq Upstream plc, commented:

"I am pleased to welcome Andrew to the Board. His successful track record of increasing Enteq's presence in both China and the Middle East has improved the global positioning of Enteq. His strategic approach to new markets and technologies will greatly assist the Board with our plans for growth. "

For further information, please contact:

Enteq Upstream plc +44 (0) 1494 618739

Martin Perry, Chief Executive Officer

David Steel, Finance Director

Investec Bank plc (Nomad and Broker) +44 (0) 20 7597 5970

Chris Treneman, Patrick Robb, David Anderson

Additional disclosures pursuant to Schedule 2(g) of the AIM Rules with regards to the appointment of Andrew Robert Law (aged 45 years):

As at the date of this announcement Andrew has a beneficial interest in 153,019 ordinary shares of 1p each in the capital of Enteq.

There is no other information that is required to be disclosed with regards to the appointment of Andrew Law pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.