Company
Enteq Technologies PLC
LON:NTQ
Enteq Technologies PLC develops and provides downhole electronics for the energy sector. The company products has an established track-record for high quality and are operated and supported around the world.
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Enteq Technologies says SABER successfully completes hard rock test
Enteq can now move SABER to the next stage of testing in America
Enteq Technologies lifts full-year earnings and prepares SABER for launch
The core existing MWD customer base will be the initial target market for SABER
Enteq Technologies onto a potential game-changer, says broker
SABER has significant growth potential, with the “scope to transform the group’s valuation.”
Enteq revenues top forecasts as rig count recovers
The North American active rig count steadily increased throughout the year to approximately 670
Enteq Technologies continuing to benefit from increased drilling activity
Meanwhile, the SABER drilling system’s field-testing and development programme has continued to progress and develop.
Enteq recovery appeal highlighted as oil markets pick up
“The outlook highlights recovering markets with the improving US$2mln order book giving confidence the company can achieve FY expectations.”
Enteq Technologies says well placed to commercialise SABER
"Enteq's game-changing SABER has the potential to significantly increase Enteq's addressable market,” Andrew Law said
Enteq Technologies expands product lines via distribution deals with two technology providers
Based in Houston, Texas, Enteq supplies some of the sophisticated engineering and electronic products used by the oil and gas industry
Enteq Technologies highlights field trial successes for SABER
Ongoing testing in the field is validating the product and backs up the group's commercial plans.
ENTEQ Upstream sees progress with SABER as US customer base recovers with rising oil prices
"We are pleased to see initial recovery of our customer base in North America," said Andrew Law.
Enteq Upstream says it remains well positioned now and for future
Chief executive Andrew Laws described cautious optimism in the company's short and medium-term outlook.
Enteq Upstream lands new rental contract with existing client
“This contract award is yet further confirmation that Enteq continues to provide commercially effective solutions and dependable technologies to our customers, the independent directional drilling companies," said chief executive Andrew Law
Enteq Upstream says trading in line, wins repeat orders as oil price recovers
The recent product launch of Enteq’s SABER tool, which will enable Enteq enter the rotary steerable drilling service market, resulted in a significant level of enquiries for further technical information, Enteq revealed.
Enteq Upstream launches SABER as ‘disruptive’ alternative to RSS drilling tools
“The SABER tool will prove to be a more accurate, agile and cost-effective alternative to existing RSS offerings,” chief executive Martin Perry said.
Enteq Upstream makes key hire to advance new product launch
“We know we have something special here, and Neil and his team are the right people to build that out into something that represents a real step-change in the market," said chief executive Martin Perry