Enteq, the oilfield services technology and equipment supplier, made the following statement at its Annual General Meeting held earlier today:

"Enteq confirms that year to date trading had been in line with management expectations. Notable new business has been achieved with customers in China and the Middle East as well as a continued broadening of the customer base in North America.

"The commercial release of a new down-hole data transmission (Pulser) technology has been successful, further increasing the range of Enteq Measurement While Drilling products."

The Company is pleased to confirm that all resolutions proposed at today's Annual General Meeting were duly passed.


For further information, please contact:

Enteq Upstream plc
Martin Perry, Chief Executive Officer
David Steel, Finance Director
+44 (0)1494 618741

Investec Bank plc (Nomad and Broker)
Chris Treneman, Patrick Robb, David Anderson
+44 (0) 20 7597 4000

Vigo Communications
Peter Reilly, Patrick d'Ancona
+44 (0) 20 7016 9571