ENQ to more than double Malaysia reserves and production
ENQ says production rose 9% year-on-year, supported by Southeast Asia, and a major Malaysia acquisition will more than double reserves and production. It cites strong cash flow, lower costs, and a simplified balance sheet.
Production rose 9% year-on-year, driven by Southeast Asia. A major Malaysia acquisition is set to more than double reserves and production. The group said strong cash flow, lower costs and a simpler balance sheet leave it positioned for further growth, with a focus on high-return projects and disciplined capital allocation.