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REG - Enteq Technologies - Investor Presentation via Investor Meet Company

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RNS Number : 5509Q  Enteq Technologies PLC  18 October 2023

Enteq Technologies plc

("Enteq" or the "Company")

 

Investor Presentation via Investor Meet Company

Enteq Technologies plc (AIM:NTQ.L), the energy services technology supplier,
is pleased to announce that Andrew Law (CEO) and Mark Ritchie (CFO) will
provide a live presentation relating to the Investor Presentation via
Investor Meet Company on 20th October 2023 at 11:00am BST.

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet ENTEQ
TECHNOLOGIES PLC via:

https://www.investormeetcompany.com/enteq-technologies-plc/register-investor
(https://www.investormeetcompany.com/enteq-technologies-plc/register-investor)

 

Investors who already follow ENTEQ TECHNOLOGIES PLC on the Investor Meet
Company platform will automatically be invited.

 

 

For further information, please contact:

Enteq Technologies
plc
                        +44 (0)20 8087 2202

www.enteq.com (http://www.enteq.com)

Andrew Law, Chief Executive Officer

Mark Ritchie, Chief Financial Officer

 

Cavendish Capital Markets Ltd (NOMAD and Broker)
+44 (0)20 7220 0500

Ed Frisby, Fergus Sullivan (Corporate Finance)

Andrew Burdis, Barney Hayward (ECM)

 

About Enteq Technologies' SABER Tool

The SABER Tool (Steer-At-Bit Enteq Rotary Tool) is a step change in
directional drilling technology, developed by Enteq Technologies and based on
a concept created by Shell. The ingenuity of the SABER Tool approach lies in
the application of proven technologies in novel ways to achieve a sleek,
elegant, and mechanically simple design, thereby seeking to improve
reliability and project uptime versus traditional rotary steerable systems
(RSS).

Rather than using pads or plates for steering, the SABER Tool uses an
internally directed pressure differential system across the bit face. Removing
these external contact points offers the potential for reduced tool wear and
improved reliability, while also achieving true at-bit steering. The sleek,
plain collar design also offers the potential for a smoother borehole, further
improving reliability, uptime and cost efficiency.

Quoted on the AIM market of the London Stock Exchange (AIM: NTQ.L), Enteq
Technologies is a proudly independent UK and Houston-based engineering firm
renowned for its high-temperature (HT) expertise that makes the SABER system
one of the world's few directional drilling designs intended to be suitable
for HT applications. The Company is bringing SABER to commercialisation. For
additional information please visit
www.enteq.com/products/rotary-steerable-system-srss/
(http://www.enteq.com/products/rotary-steerable-system-srss/)

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