•Production averaged 30,768 Boepd for the four months to the end of April 2015, up 20.2% on the same period in 2014. Full year 2015 production guidance is reiterated at between 33,000 Boepd and 36,000 Boepd, representing a 24% annual increase at the mid-point of the range.
•The Floating Production, Storage and Offloading ('FPSO') vessel for the Alma/Galia development has been securely moored on location in the field and the preparation process for pulling in the risers has commenced. The project remains on track for first oil in mid-2015.
•The Kraken development continues to be on budget and on schedule for first oil in 2017.
•EnQuest remains on course for delivery of its targeted programme of cost reductions.
EnQuest CEO Amjad Bseisu said:
'Production of 30,768 Boepd to the end of April is a good start to the year and was achieved as a result of ongoing strong operational performance across EnQuest's assets and the inclusion of Malaysia, in line with our expectations. The strong performance in our newly acquired Malaysia assets, where we took over operations late last year, is testament to our ability to quickly impact production in late life assets.