EnQuest awarded Block PM409 PSC offshore Malaysia
EnQuest PLC, 4 December 2019 EnQuest awarded Block PM409 PSC offshore Malaysia EnQuest PLC ('EnQuest'), an independent oil and gas production and development company listed on the London and Stockholm stock exchanges (ENQ.L and ENQ.ST), is pleased to announce it has been awarded the Block PM409 Production Sharing Contract ('PSC') in partnership with PETRONAS Carigali Sdn Bhd ('PCSB') by PETRONAS. Under the terms of the PSC, EnQuest will operate the block with a participating interest of 85.0%, with PCSB owning the remaining 15.0%. Block PM409 measures approximately 1,700 km2 and is