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ENQ Enquest News Story

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EnergySpeculativeMid CapTurnaround

UK's EnQuest soars on proposed Malaysia acquisition from Petronas

BUZZ-UK's EnQuest soars on proposed Malaysia acquisition from Petronas

** Shares of North Sea-focused oil producer EnQuest ENQ.L up 15.2% at 22p

** Stock hits highest since January 2023, top gainer on FTSE small-cap index .FTSC

** Co proposes to acquire participating interests in four offshore production sharing contracts in Malaysia from Petronas Carigali for up to $833 mln

** In 2026, stock has gained about 107.5%


(Reporting by Judes Joseph in Bengaluru)

((judes.joseph@thomsonreuters.com;))

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