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EnQuest 2017 Full Year Results

EnQuest 2017. Full Year Results Amjad Bseisu Chief Executive Agenda Overview Amjad Bseisu, CEO. Financials Jonathan Swinney, CFO. Operations overview: Kraken Richard Hall Head of Major Projects UK and Malaysia Bob Davenport Managing Director - North Sea Summary Amjad Bseisu, CEO. EnQuest performance A transformational year 2017. Kraken first oil delivered in Q2; full cycle gross project capital expenditure further reduced Acquisition of interests in Magnus and the Sullom Voe Oil Terminal completed in December Group production averaged 37,405 Boepd in 2017. Cash capital expenditure of $368 million Cash* and available bank facilities amounted to $244 million.

EnQuest performance A transformational year 2017 Kraken first oil delivered in Q2; full cycle gross project capital expenditure further reduced

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