Enteq Upstream PLC Board appointment (3649A)

TIDMNTQ

RNS Number : 3649A

Enteq Upstream PLC

29 September 2020

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):

 
 Current directorships and partnerships:   Past five years' directorships 
                                            and partnerships: 
 Gibson School Ltd                         Auslog Pty. Ltd Australian Logging 
                                            Services Pty. Ltd Australian 
                                            Technical Solutions Pty. Ltd 
                                            Crocker Data Processing Pty Ltd 
                                            Precision Energy Services (Australia) 
                                            Pty. Ltd Precision Energy Services 
                                            (New Zealand) Limited PT Wira 
                                            Insani Stratum Reservoir (Australia) 
                                            Pty Ltd Visean Information Services 
                                            Pty Ltd Weatherford Australia 
                                            Pty Ltd Weatherford CSG Drilling 
                                            Pty Ltd Weatherford Drilling 
                                            International (Australia) Pty 
                                            Ltd Weatherford New Zealand Limited

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.

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