{"id":18141,"title":"Enteq Upstream Plc (AIM:NTQ) Contract award","publisher":"Share Talk","author":"sharetalk","published":"2017-12-08T09:21:13+00:00","modified":"2017-12-08T09:21:13+00:00","canonical_url":"https://www.share-talk.com/enteq-upstream-plc-aimntq-contract-award/","markdown_url":"https://www.share-talk.com/enteq-upstream-plc-aimntq-contract-award.md","json_url":"https://www.share-talk.com/enteq-upstream-plc-aimntq-contract-award.json","category":"Energy","categories":["Energy"],"tags":["Enteq","NTQ"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"Enteq, the oilfield services technology and equipment supplier, announces a contract from a new international customer.\n\nOn 7 December 2017, Enteq received confirmation and a cash deposit relating to an initial contract valued at $0.5m for operations in Indonesia. This is the first order Enteq has won in this territory. The contract is for using Enteq’s core MWD (“measurement whilst drilling”) technology in a geothermal application. The order will be delivered to the customer early in 2018.\n\n**Martin Perry, CEO of Enteq Upstream plc, commented:**\n\n“Enteq continues to develop new territories and applications for our equipment. This contract award represents the ongoing efforts to broaden the company’s market presence."}